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