Lakewood Commercial Real Estate

Lakewood

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
11,980

Lakewood Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lakewood region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Jacksonville market, the Lakewood submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Lakewood Listing Supply

In the last 90 days, 27 listings have been made available, which means office spaces 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 Lakewood are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 11,980 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1960 and are Class C.

Lakewood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the folk of Lakewood work from home. Commuting between 30 and 45 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 Lakewood.
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