On average, listings lease in the $10's per square foot per year. The Lakeland Highlands region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 19% decline in rent.
In the last 90 days, 12 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Lakeland Highlands 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Lakeland Highlands residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.