On average, listings lease in the $0's per square foot per year. The Jackson-University Area submarket is going through a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 15 listings have been listed, which means office spaces are probably leasing quickly. 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.
Even though the median size is 12,250 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1962 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Jackson-University Area occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.