The typical asking rate per listing is in the $10's per square foot per year. The Northwest Jacksonville region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Jacksonville market, the Northwest Jacksonville submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 19 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1957 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Northwest Jacksonville residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.