The typical asking rate per listing is in the $30's per square foot per year. The CSU Bakersfield submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 19% increase in rent.
In the last 90 days, 13 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available leases in the CSU Bakersfield 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.
Even though the median size is 3,070 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst CSU Bakersfield residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.