Downtown Fort Pierce Office Space

Downtown Fort Pierce

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,750
As of: August 17, 2017

Downtown Fort Pierce Rates

On average, listings lease in the $10's per square foot per year. The Downtown Fort Pierce submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 46% decline in rent.

Downtown Fort Pierce Listing Supply

In the last 90 days, 32 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 22% of the office spaces in the Downtown Fort Pierce 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1959 and are Class B.

Downtown Fort Pierce Community

A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Most of the occupants of Downtown Fort Pierce work from home. Commuting approximately 20 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 Fort Pierce.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Fort Pierce.
Research