Downtown Jackson Office Space

Downtown Jackson

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,800
As of: May 24, 2017

Downtown Jackson Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Jackson region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Downtown Jackson Listing Supply

In the last 90 days, 6 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Downtown Jackson 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,800 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 1960 and are Class B.

Downtown Jackson Community

Waste services is the dominant industry in this region. Most of the occupants of Downtown Jackson 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.

Market Report

Trends and status of the commercial real estate market in Downtown Jackson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Jackson.
Research

Jackson Submarkets