The typical asking rate per listing is in the $10's per square foot per year. The Elk Grove submarket is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Greater Sacramento market, the Elk Grove submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 112 listings have come on the market, so you'll want to check back regularly for new listings. About 22% of the available leases in the Elk Grove 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.
Even though the median size is 7,500 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 2006 and are Class B.
Real time and historical data on commercial real estate listings in Elk Grove.
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