On average, listings lease in the $20's per square foot per year. The Salinas submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 78 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the Salinas 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.
Even though the median size is 4,370 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1976 and are Class B.
Real time and historical data on commercial real estate listings in Salinas.
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