On average, listings lease in the $50's per square foot per year. The East Jacksonville submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $59 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Jacksonville market, the East Jacksonville region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area were built in 1936.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst East Jacksonville occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.