Downtown Lakeland Retail

Downtown Lakeland

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,000
As of: July 23, 2017

Downtown Lakeland Rates

On average, listings lease in the $20's per square foot per year. The Downtown Lakeland submarket is going through a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 29% increase in rent.

Downtown Lakeland Listing Supply

In the last 90 days, 22 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 73% of the office spaces in the Downtown Lakeland are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1958 and are Class A.

Downtown Lakeland Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Downtown Lakeland folk. Commuting between 30 and 45 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 Lakeland.
Market Report

Market Data

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