Downtown Bakersfield Industrial

Downtown Bakersfield

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,340

Downtown Bakersfield Rates

Most listings are in the $20's per square foot per year. The Downtown Bakersfield submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 20% increase in rent.

Downtown Bakersfield Listing Supply

In the last 90 days, 151 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the listings in the Downtown Bakersfield are subleases, so you will probably have to focus your search on direct office leases. 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 4,340 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1975 and are Class B.

Downtown Bakersfield 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 Downtown Bakersfield occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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