Downtown Concord Office Space

Downtown Concord

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,320
As of: December 8, 2016

Downtown Concord Rates

Most listings are in the $30's per square foot per year. The Downtown Concord region is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the East Bay market, the Downtown Concord submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Downtown Concord Listing Supply

In the last 90 days, 33 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Downtown Concord are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this market were built in 1985 and are Class A.

Downtown Concord Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Concord folk. Commuting more than an hour and a half 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 Concord.
Market Report

Market Data

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

Concord Submarkets