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Downtown Santa Barbara Commercial Real Estate For Lease

Downtown Santa Barbara

Market Report

Number of Listings For Lease
Posted in the last 90 days
42
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
450

Downtown Santa Barbara Commercial Real Estate

Find Downtown Santa Barbara commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Downtown Santa Barbara commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Santa Barbara Rates

Most commerial real estate listings for lease are in the $40's per square foot per year. The Downtown Santa Barbara region is experiencing a a rise in rates. In the last 3 months, the median rate for lease went up $6 per sqft per year. That's a 14% increase in rent.

Downtown Santa Barbara Listing Supply

In the last 90 days, 228 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the Downtown Santa Barbara 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 available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 450 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built approximately 1964 and are Class A.

Downtown Santa Barbara Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Santa Barbara residents. Commuting between 30 and 45 minutes 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 Santa Barbara.
Research