Downtown Sarasota Industrial

Downtown Sarasota

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,520
As of: July 19, 2017

Downtown Sarasota Rates

Most listings are in the $20's per square foot per year. The Downtown Sarasota region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.

Downtown Sarasota Listing Supply

In the last 90 days, 12 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Downtown Sarasota are subleases, so you might be able to snag a great spot on a short term. 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 2,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1950 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 folk 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.
Research