Most listings are in the $20's per square foot per year. The Downtown Jacksonville region is going through a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Jacksonville market, the Downtown Jacksonville region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 31 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 103% of the office spaces in the Downtown Jacksonville 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 1,960 sqft. Most buildings in this area are close to 4 floors. Most buildings in this area were built in 1927 and are Class B.
This market is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Jacksonville residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.