On average, listings lease in the $40's per square foot per year. The Downtown Walnut Creek region is going through a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the East Bay market, the Downtown Walnut Creek region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 61 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the listings in the Downtown Walnut Creek 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,850 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1982 and are Class A.
A large portion of this region 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 occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.