On average, listings lease in the $20's per square foot per year. The Downtown Lakeland submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 22 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1958 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Downtown Lakeland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.