On average, listings lease in the $20's per square foot per year. The Pelican Marsh region is experiencing a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year.
In the last 90 days, 0 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Pelican Marsh are subleases, so you might be able to find a shorter term or below market rent. 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 11,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Pelican Marsh 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.