The typical asking rate per listing is in the $20's per square foot per year. The Jacksonville submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Jacksonville market, the Jacksonville submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2563 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Jacksonville are subleases, so you will probably have to consider a longer term 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 2,450 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1983 and are Class B.
Real time and historical data on commercial real estate listings in Jacksonville.
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