On average, listings lease in the $10's per square foot per year. The Northwest Jacksonville submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Jacksonville market, the Northwest Jacksonville region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 19 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 5,310 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1957 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Northwest Jacksonville occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.