The typical asking rate per listing is in the $10's per square foot per year. The Baymeadows Center submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Jacksonville market, the Baymeadows Center submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 10 listings have been listed, which means new availabilities 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this region are close to 4 floors. 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 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.