Compared to the rest of the Jacksonville market, the Downtown Jacksonville region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 31 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 103% of the available space in the Downtown Jacksonville 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 1,960 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1927 and are Class B.
This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Jacksonville residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.