Central Santa Cruz Office Space

Central Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,210
As of: August 20, 2017

Central Santa Cruz Rates

On average, listings lease in the $10's per square foot per year. The Central Santa Cruz submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Central Santa Cruz Listing Supply

In the last 90 days, 7 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Central Santa Cruz 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.

The standard measurement for office space in this area is around 1,210 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1975 and are Class A.

Central Santa Cruz Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Santa Cruz occupants. Commuting around 15 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 Central Santa Cruz.
Market Report

Market Data

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