The typical asking rate per listing is in the $30's per square foot per year. The Downtown Sacramento submarket is going through a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 36 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 178% of the available space in the Downtown Sacramento 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,490 sqft. Most buildings in this region are approximately 8 stories. Most buildings in this region were built in 1975 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Downtown Sacramento occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.