The typical asking rate per listing is in the $50's per square foot per year. The Downtown Walnut Creek region is experiencing a a boost in rates. In the last 3 months, the median rate went up $55 per sqft per year.
Compared to the rest of the East Bay market, the Downtown Walnut Creek submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 23 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 117% of the available space in the Downtown Walnut Creek are subleases, so you might be able to snag a great spot on a short term. 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 2,920 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1980 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Walnut Creek folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.