Pelican Landing Sublease

Pelican Landing

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,170
As of: May 21, 2017

Pelican Landing Rates

Most listings are in the $10's per square foot per year. The Pelican Landing region is going through a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 37% decrease in rent.

Pelican Landing Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 43% of the available leases in the Pelican Landing are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 2001 and are Class A.

Pelican Landing Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of Pelican Landing 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.

Market Report

Trends and status of the commercial real estate market in Pelican Landing.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pelican Landing.
Research