Downtown Bakersfield Industrial

Downtown Bakersfield

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,340
As of: August 21, 2017

Downtown Bakersfield Rates

Most listings are in the $10's per square foot per year. The Downtown Bakersfield submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

Downtown Bakersfield Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Downtown Bakersfield are subleases, so you might be able to snag a great spot on a short term. 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 4,340 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1975 and are Class B.

Downtown Bakersfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Bakersfield occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Bakersfield.
Market Report

Market Data

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