On average, listings lease in the $30's per square foot per year. The Lakeland Highlands submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year.
In the last 90 days, 12 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Lakeland Highlands 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.
The standard measurement for office space in this area is around 200 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Lakeland Highlands occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.