On average, listings lease in the $40's per square foot per year. The Downtown Concord region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the East Bay market, the Downtown Concord region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 225 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Downtown Concord are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,440 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1985 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Concord folk. Commuting more than an hour and a half 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 Concord.
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