Lakeland Highlands Office Space

Lakeland Highlands

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
950
As of: March 12, 2017

Lakeland Highlands Rates

On average, listings lease in the $20's per square foot per year. The Lakeland Highlands submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.

Lakeland Highlands Listing Supply

In the last 90 days, 12 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Lakeland Highlands are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 950 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 2005 and are Class B.

Lakeland Highlands Community

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 folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lakeland Highlands.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lakeland Highlands.
Research

Lakeland Highlands Submarkets