On average, listings lease in the $20's per square foot per year. The Southside submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $30 per sqft per year.
Compared to the rest of the Jacksonville market, the Southside region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 700% of the office spaces in the Southside 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.
Even though the median size is 3,620 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 19 floors. Most buildings in this area were built in 1981 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southside residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.