On average, listings lease in the $30's per square foot per year. The Old Naples submarket is going through a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a 100% rise in rent.
In the last 90 days, 54 listings have come on the market, so you'll want to check back regularly for new listings. About 35% of the available space in the Old Naples are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,730 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Old Naples occupants. 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 Old Naples.
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