Downtown Fort Pierce Office Space

Downtown Fort Pierce

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
390
As of: January 18, 2017

Downtown Fort Pierce Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Fort Pierce submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 25% decrease in rent.

Downtown Fort Pierce Listing Supply

In the last 90 days, 31 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the Downtown Fort Pierce are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 390 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1956 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 market. Most of the residents of Downtown Fort Pierce work from home. Commuting around 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