Downtown Bakersfield Office Space

Downtown Bakersfield

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,570
As of: June 28, 2017

Downtown Bakersfield Rates

On average, listings lease in the $20's per square foot per year. The Downtown Bakersfield submarket is going through a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Downtown Bakersfield Listing Supply

In the last 90 days, 10 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Downtown Bakersfield 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.

The standard measurement for office space in this area is around 2,250 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1975 and are Class B.

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 area. Commute by car is the most popular way to get to work amongst Downtown Bakersfield residents. 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