Downtown Bakersfield Office Space

Downtown Bakersfield

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,580
As of: December 9, 2016

Downtown Bakersfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Bakersfield region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decline in rent.

Downtown Bakersfield Listing Supply

In the last 90 days, 24 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1977 and are Class C.

Downtown Bakersfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Bakersfield occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Bakersfield.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Bakersfield.
Research