Baymeadows Office Space

Baymeadows

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
20,220
As of: February 22, 2017

Baymeadows Rates

Most listings are in the $20's per square foot per year. The Baymeadows region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Jacksonville market, the Baymeadows submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Baymeadows Listing Supply

In the last 90 days, 3 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 20,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this area were built in 1989 and are Class A.

Baymeadows Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Baymeadows occupants. 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 Baymeadows.
Market Report

Market Data

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