Downtown Sarasota Sublease

Downtown Sarasota

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,060
As of: December 9, 2016

Downtown Sarasota Rates

On average, listings lease in the $20's per square foot per year. The Downtown Sarasota region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decrease in rent.

Downtown Sarasota Listing Supply

In the last 90 days, 34 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 18% of the listings in the Downtown Sarasota are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1948 and are Class A.

Downtown Sarasota Community

This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Most of the occupants of Downtown Sarasota work from home. Commuting between 20 and 25 minutes 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 Downtown Sarasota.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Sarasota.
Research