The typical asking rate per listing is in the $60's per square foot per year. The Baymeadows Center region is seeing a an increase in rates. In the last 3 months, the median rate rose $50 per sqft per year. That's a 262% rise in rent.
Compared to the rest of the Jacksonville market, the Baymeadows Center submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the office spaces in the Baymeadows Center 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.
Even though the median size is 6,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 1989 and are Class B.
Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Baymeadows Center folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.