Santa Cruz Industrial

Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,130
As of: December 3, 2016

Santa Cruz Rates

The typical asking rate per listing is in the $20's per square foot per year. The Santa Cruz submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Santa Cruz Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Santa Cruz 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,130 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1888 and are Class B.

Santa Cruz Community

Market Report

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

Market Data

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