On average, listings lease in the $20's per square foot per year. The Lakeland Highlands region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 14 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Lakeland Highlands are subleases, so you will probably have to focus your search on direct office leases. 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 1,200 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market 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 area. 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.