On average, listings lease in the $20's per square foot per year. The Lakewood region is seeing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 45% increase in rent.
Compared to the rest of the Jacksonville market, the Lakewood submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 5 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,310 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1960 and are Class C.
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 region. Most of the occupants 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.