On average, listings lease in the $20's per square foot per year. The Downtown Lakeland region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 1 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1958 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Downtown Lakeland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.