On average, listings lease in the $20's per square foot per year. The Ringling Blvd region is experiencing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 4 listings have been posted online, which means office spaces might be leasing quickly. 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 1,270 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Ringling Blvd work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.