Midtown Industrial

Midtown

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
6,450
As of: July 24, 2017

Midtown Rates

Most listings are in the $30's per square foot per year. The Midtown region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Greater Sacramento market, the Midtown submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Midtown Listing Supply

In the last 90 days, 15 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Midtown 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.

Even though the median size is 6,450 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1972 and are Class C.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Midtown residents. 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 Midtown.
Market Report

Market Data

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