On average, listings lease in the $20's per square foot per year. The Central Fresno region is experiencing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the Fresno market, the Central Fresno region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 196 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Central Fresno are subleases, so you will probably have to consider a longer term lease. 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 25,290 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1965 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Fresno occupants. Commuting under 5 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 Central Fresno.
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