Downtown Concord Commercial Real Estate

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Downtown Concord

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
530

Downtown Concord Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Concord submarket is going through a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 19% decline in rent.

Compared to the rest of the East Bay market, the Downtown Concord submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Concord Listing Supply

In the last 90 days, 225 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Concord 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.

The standard measurement for office space in this area is around 530 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1985 and are Class A.

Downtown Concord Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Concord occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Concord.
Research