On average, listings lease in the $30's per square foot per year. The Downtown Sacramento submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.
In the last 90 days, 561 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Downtown Sacramento 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.
The standard measurement for office space in this area is around 2,070 sqft. Most properties in this region are around 8 floors. Most buildings in this area were built in 1975 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Sacramento residents. 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 Sacramento.
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