On average, listings lease in the $30's per square foot per year. The Olympus Pointe region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Greater Sacramento market, the Olympus Pointe region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,460 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Olympus Pointe folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.