Lake Park Commercial Real Estate

Lake Park

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,200

Lake Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lake Park region is seeing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Lake Park Listing Supply

In the last 90 days, 16 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Lake Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1982 and are Class B.

Lake Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lake Park folk. Commuting approximately 30 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 Lake Park.
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