On average, listings lease in the $30's per square foot per year. The Downtown Sacramento submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 34% decline in rent.
In the last 90 days, 36 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 6% of the listings in the Downtown Sacramento are subleases, so you will probably have to consider a longer term lease. 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 3,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 8 stories. Most buildings in this area were built in 1975 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Sacramento folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.