On average, listings lease in the $10's per square foot per year. The Indian River City region is seeing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.
In the last 90 days, 5 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1926 and are Class B.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Indian River City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.