The typical asking rate per listing is in the $20's per square foot per year. The Downtown Lakeland region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 22 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1958 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. 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.