Santa Cruz Office Space

Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Santa Cruz Rates

On average, listings lease in the $20's per square foot per year. The Santa Cruz submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 22% decline in rent.

Santa Cruz Listing Supply

In the last 90 days, 38 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the Santa Cruz are subleases, so you will probably have to consider a longer term lease. 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 1,400 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1967 and are Class B.

Santa Cruz Community

Market Report

Trends and status of the commercial real estate market in Santa Cruz.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Santa Cruz.