Elk Grove Office Space

Elk Grove

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,530
As of: September 24, 2016

Elk Grove Rates

The typical asking rate per listing is in the $20's per square foot per year. The Elk Grove submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Greater Sacramento market, the Elk Grove region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Elk Grove Listing Supply

In the last 90 days, 5 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Elk Grove 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 3,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 2005 and are Class B.

Elk Grove Community