Southpoint Industrial

Southpoint

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,540
As of: June 26, 2017

Southpoint Rates

On average, listings lease in the $20's per square foot per year. The Southpoint region is going through a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.

Compared to the rest of the Jacksonville market, the Southpoint region has higher rates, and you'll need to make a great offer to be in this hot region.

Southpoint Listing Supply

In the last 90 days, 9 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 322% of the office spaces in the Southpoint 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 1,540 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1987 and are Class B.

Southpoint Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Southpoint folk. Commuting approximately 10 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 Southpoint.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southpoint.
Research