The typical asking rate per listing is in the $20's per square foot per year. The Elk Grove region is experiencing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 37% decline in rent.
Compared to the rest of the Greater Sacramento market, the Elk Grove submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 11 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 109% of the office spaces in the Elk Grove are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,860 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 2006 and are Class B.