The average asking rental rate per sq ft/year for Office properties in Wesley Chapel, FL as of Jun 11 was $13.98. This represents an increase of 3.8% compared to the prior 3 months, with a decrease of -0.6% year-over-year. County-wide, average rental rates in Wesley Chapel are +0.7% higher at $13.22 per sq ft/year for Office properties currently for lease.
Current Wesley Chapel market trends data indicates an increase of +0.1% in the median asking price per sq ft for Office properties compared to the prior 3 months, with a decrease of -9.1% compared to last year's prices. County-wide, asking prices for Office properties are -1.8% lower at $121 per sq ft compared to the current median price of $152 per sq ft for Office properties in Wesley Chapel, FL.
The average asking rental rate per sq ft/year for Retail Commercial properties in Wesley Chapel, FL as of Jun 11 was $21.18. This represents a decrease of -2.0% compared to the prior 3 months, with a decrease of -5.1% year-over-year. County-wide, average rental rates in Wesley Chapel are -2.5% lower at $11.21 per sq ft/year for Retail Commercial properties currently for lease.
Asking Price / Asking Rent: “Asking” refers to the dollar amount listed on the LoopNet marketplace. Charts are based on an index of data from the LoopNet marketplace by a given property type in a given geography. Asking Rent Trends are obtained by weighting each rental rate by the space available and dividing it by the sum of the total space available.
County / Metro: County and Metro refer to the parent county and metro of the city. “Metro” is a term LoopNet utilizes and refers to the U.S. Census Bureau definitions of metropolitan and micropolitan statistical areas, collectively referred to as CBSAs (learn more). For example a chart representing the city of Wesley Chapel may contain data representing the county of Pasco and the metropolitan statistical area.
Y-O-Y: A comparison to the same period in the previous year.
vs. 3 mo prior: A comparison to the average of the 3 months before the current month.