Downtown Walnut Creek Office Space

Downtown Walnut Creek

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,960
As of: June 26, 2017

Downtown Walnut Creek Rates

On average, listings lease in the $40's per square foot per year. The Downtown Walnut Creek submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $48 per sqft per year.

Compared to the rest of the East Bay market, the Downtown Walnut Creek region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Downtown Walnut Creek Listing Supply

In the last 90 days, 23 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 109% of the available leases in the Downtown Walnut Creek 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,960 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1980 and are Class A.

Downtown Walnut Creek Community

A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Walnut Creek occupants. Commuting approximately 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 Walnut Creek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Walnut Creek.
Research

Walnut Creek Submarkets