Downtown Santa Cruz Office Space

Downtown Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
6,080
As of: January 22, 2017

Downtown Santa Cruz Rates

Most listings are in the $30's per square foot per year. The Downtown Santa Cruz region is going through a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 50% rise in rent.

Downtown Santa Cruz Listing Supply

In the last 90 days, 4 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,080 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region were built in 1967 and are Class A.

Downtown Santa Cruz Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Santa Cruz occupants. Commuting around an hour 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 Downtown Santa Cruz.
Market Report

Market Data

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

Santa Cruz Submarkets