Pelican Bay Sublease

Pelican Bay

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,150
As of: July 23, 2017

Pelican Bay Rates

On average, listings lease in the $30's per square foot per year. The Pelican Bay region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% increase in rent.

Pelican Bay Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces in the Pelican Bay 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most buildings in this region are approximately 7 floors. Most buildings in this market were built in 1990 and are Class A.

Pelican Bay Community

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 Pelican Bay occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Pelican Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pelican Bay.
Research

Pelican Bay Submarkets