Deercreek Industrial

Deercreek

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
15,000
As of: July 22, 2017

Deercreek Rates

The typical asking rate per listing is in the $10's per square foot per year. The Deercreek region is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 29% decrease in rent.

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

Deercreek Listing Supply

In the last 90 days, 7 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 57% of the available space in the Deercreek are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 15,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1995 and are Class B.

Deercreek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Deercreek work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Deercreek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Deercreek.
Research