The typical asking rate per listing is in the $10's per square foot per year. The Jupiter Park of Commerce submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Gold Coast market, the Jupiter Park of Commerce submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,310 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1989 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Jupiter Park of Commerce work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.