The typical asking rate per listing is in the $20's per square foot per year. The Old Sacramento submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 3 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 13,270 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1975 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the residents of Old Sacramento work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.