On average, listings lease in the $20's per square foot per year. The Point West region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Greater Sacramento market, the Point West region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 269 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the Point West 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,820 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1980 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Point West folk. 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 Point West.
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