Downtown Santa Barbara Office Space

510 W Pueblo St - Floor 1 Oak Park, Santa Barbara, CA HVAC
Aug 07
980
sqft
Office Medical

Downtown Santa Barbara

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
250

Downtown Santa Barbara Rates

Most listings are in the $80's per square foot per year. The Downtown Santa Barbara submarket is going through a an increase in rates. In the last 3 months, the median rate rose $51 per sqft per year. That's a 160% increase in rent.

Downtown Santa Barbara Listing Supply

In the last 90 days, 228 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the listings in the Downtown Santa Barbara 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 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 250 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1968 and are Class A.

Downtown Santa Barbara Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Santa Barbara folk. 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 Santa Barbara.
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