Folsom Retail

Folsom

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,760
As of: September 24, 2016

Folsom Rates

On average, listings lease in the $20's per square foot per year. The Folsom region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Greater Sacramento market, the Folsom region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Folsom Listing Supply

In the last 90 days, 40 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Folsom are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,760 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 2001 and are Class B.

Folsom Community

Folsom Submarkets