Santa Barbara Industrial

Santa Barbara

Office Space Market Report

Number of Listings (last 90 days)
88
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,620
As of: January 23, 2017

Santa Barbara Rates

The typical asking rate per listing is in the $30's per square foot per year. The Santa Barbara region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 9% decrease in rent.

Santa Barbara Listing Supply

In the last 90 days, 88 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available leases in the Santa Barbara are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1971 and are Class A.

Santa Barbara Community

Market Report

Trends and status of the commercial real estate market in Santa Barbara.
Market Report

Market Data

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