Downtown Sarasota Industrial

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Downtown Sarasota

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,300
As of: February 20, 2017

Downtown Sarasota Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Sarasota submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Downtown Sarasota Listing Supply

In the last 90 days, 16 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,300 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1948 and are Class A.

Downtown Sarasota Community

This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Most of the residents of Downtown Sarasota work from home. 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 Downtown Sarasota.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Sarasota.
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