Lakewood Retail

Lakewood

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
11,980

Lakewood Rates

Most listings are in the $10's per square foot per year. The Lakewood submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Jacksonville market, the Lakewood region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Lakewood Listing Supply

In the last 90 days, 27 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Lakewood are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 11,980 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1960 and are Class C.

Lakewood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the residents of Lakewood work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lakewood.
Research