Doctor Phillips Office Space

Doctor Phillips

Office Space Market Report

Number of Listings (last 90 days)
66
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
860
As of: August 17, 2017

Doctor Phillips Rates

On average, listings lease in the $30's per square foot per year. The Doctor Phillips region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 20% increase in rent.

Doctor Phillips Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 140% of the available space in the Doctor Phillips are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 860 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1987 and are Class A.

Doctor Phillips Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Doctor Phillips residents. 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 Doctor Phillips.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Doctor Phillips.
Research

Doctor Phillips Submarkets