The typical asking rate per listing is in the $20's per square foot per year. The Downtown Jacksonville region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Jacksonville market, the Downtown Jacksonville region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Jacksonville are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 9,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this area were built in 1927 and are Class B.
This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Jacksonville occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.