Downtown Bakersfield Retail

Downtown Bakersfield

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,580
As of: December 2, 2016

Downtown Bakersfield Rates

On average, listings lease in the $10's per square foot per year. The Downtown Bakersfield region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decrease in rent.

Downtown Bakersfield Listing Supply

In the last 90 days, 15 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,940 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1980 and are Class B.

Downtown Bakersfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Bakersfield residents. Commuting between 30 and 45 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 Downtown Bakersfield.
Market Report

Market Data

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