On average, listings lease in the $20's per square foot per year. The Downtown Jackson region is going through a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 29% increase in rent.
In the last 90 days, 109 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Downtown Jackson 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 5,720 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 6 floors. Most buildings in this area were built in 1960 and are Class B.
Waste services is the dominant industry in this market. Most of the folk of Downtown Jackson work from home. Commuting between 20 and 25 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 Downtown Jackson.
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