The typical asking rate per listing is in the $10's per square foot per year. The St. Lucie West submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 20 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,960 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 2004 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Most of the occupants of St. Lucie West work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.