Southern Pacific - Richards Office Space

Southern Pacific - Richards

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
18,240
As of: June 22, 2017

Southern Pacific - Richards Rates

On average, listings lease in the $10's per square foot per year. The Southern Pacific - Richards submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Greater Sacramento market, the Southern Pacific - Richards region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Southern Pacific - Richards Listing Supply

In the last 90 days, 1 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Southern Pacific - Richards are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 18,240 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this region were built in 1977 and are Class C.

Southern Pacific - Richards Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Southern Pacific - Richards folk. Commuting close to 30 minutes 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 Southern Pacific - Richards.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southern Pacific - Richards.
Research