On average, listings lease in the $10's per square foot per year. The St. Andrews Bay submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 7 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 57% of the office spaces in the St. Andrews Bay are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,030 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst St. Andrews Bay folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.