On average, listings lease in the $20's per square foot per year. The Salinas region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 78 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the listings in the Salinas 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,370 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Salinas.
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