Pelican Bay Office Space

Pelican Bay

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,980
As of: August 22, 2017

Pelican Bay Rates

The typical asking rate per listing is in the $40's per square foot per year. The Pelican Bay submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 28% rise in rent.

Pelican Bay Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings most likley are 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 2,980 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 7 stories. Most buildings in this market were built in 1990 and are Class A.

Pelican Bay Community

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 market. Commute by car is the most popular way to get to work amongst Pelican Bay folk. Commuting more than an hour and a half 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 Pelican Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pelican Bay.
Research

Pelican Bay Submarkets