On average, listings lease in the $30's per square foot per year. The Pelican Bay submarket is going through a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.
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 tour spaces as quick as possible. About 1,100% of the office spaces in the Pelican Bay are subleases, so you might be able to snag a great spot on a short term. 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 1,930 sqft. Most properties in this market are around 7 stories. Most buildings in this market were built in 1990 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Pelican Bay occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.