The typical asking rate per listing is in the $10's per square foot per year. The Southside submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Jacksonville market, the Southside submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Southside 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 9,920 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 19 stories. Most buildings in this area were built in 1981 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southside occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.