On average, listings lease in the $10's per square foot per year. The Indian River City region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 5 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 700 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1926 and are Class B.
This market is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Indian River City occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.