On average, listings lease in the $20's per square foot per year. The Love Grove-Riviera Manor region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Jacksonville market, the Love Grove-Riviera Manor region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Love Grove-Riviera Manor 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 3,200 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Love Grove-Riviera Manor folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.