Lake Mary Industrial

Lake Mary

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
7,840
As of: May 20, 2017

Lake Mary Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Mary region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Lake Mary Listing Supply

In the last 90 days, 37 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 5% of the office spaces in the Lake Mary are subleases, so you will probably have to consider a longer term 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 7,840 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 2003 and are Class A.

Lake Mary Community

Market Report

Trends and status of the commercial real estate market in Lake Mary.
Market Report

Market Data

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