Northwest Jacksonville Industrial

Northwest Jacksonville

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Northwest Jacksonville Rates

The typical asking rate per listing is in the $10's per square foot per year. The Northwest Jacksonville region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decrease in rent.

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

Northwest Jacksonville Listing Supply

In the last 90 days, 8 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Northwest Jacksonville 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.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1954 and are Class B.

Northwest Jacksonville Community

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 occupants. Commuting between 20 and 25 minutes 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 Northwest Jacksonville.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Jacksonville.