The typical asking rate per listing is in the $20's per square foot per year. The Southpoint region is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Jacksonville market, the Southpoint submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 322% of the available space in the Southpoint are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,540 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1987 and are Class B.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Southpoint residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.