Santa Barbara Downtown Industrial Space

Santa Barbara Downtown

Market Report

Number of Listings
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
240

Santa Barbara Downtown Rates

Most listings are in the $80's per square foot per year. The Santa Barbara Downtown region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 4% decline in rent.

Santa Barbara Downtown Listing Supply

In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 14% of the available space in the Santa Barbara Downtown 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.

The standard measurement for office space in this area is around 240 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1964 and are Class A.

Santa Barbara Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Santa Barbara Downtown occupants. Commuting close to 15 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 Santa Barbara Downtown.
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