On average, listings lease in the $10's per square foot per year. The Spring Park submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Jacksonville market, the Spring Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 51 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Spring Park are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 200,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 1974 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Spring Park folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Spring Park.
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