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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Jacksonville submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease rose $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Jacksonville commercial real estate market, the Jacksonville submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 180 days, 2563 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Jacksonville are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built approximately 1983 and are Class B.
Real time and historical data on commercial real estate listings in Jacksonville.
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