Lake Park Office Space

Lake Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,200
As of: June 25, 2017

Lake Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Lake Park region is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Lake Park Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Lake Park 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 posted, 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 properties in this market are close to 2 stories. Most buildings in this area were built in 1982 and are Class B.

Lake Park Community

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 market. Commute by car is the most popular way to get to work amongst Lake Park folk. Commuting approximately 30 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 Lake Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Park.
Research