On average, listings lease in the $60's per square foot per year. The Baymeadows Center region is seeing a a rise in rates. In the last 3 months, the median rate increased $50 per sqft per year. That's a 262% rise in rent.
Compared to the rest of the Jacksonville market, the Baymeadows Center region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 12 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the office spaces in the Baymeadows Center 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1989 and are Class B.
Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Baymeadows Center residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.