On average, listings lease in the $20's per square foot per year. The Industrial Area East region is experiencing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 48% rise in rent.
Compared to the rest of the Greater Sacramento market, the Industrial Area East region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Industrial Area East 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 2001 and are Class B.
Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Industrial Area East 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.