The typical asking rate per listing is in the $20's per square foot per year. The Downtown Lakeland submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% rise in rent.
In the last 90 days, 6 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,900 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1958 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Downtown Lakeland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.