Lutz Retail

Lutz

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,000

Lutz Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lutz region is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 24% rise in rent.

Lutz Listing Supply

In the last 90 days, 30 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Lutz 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1981 and are Class Class B.

Lutz Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lutz occupants. Commuting under 5 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 Lutz.
Research