On average, listings lease in the $30's per square foot per year. The Palladio at Broadstone region is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Greater Sacramento market, the Palladio at Broadstone submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means office spaces might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 21,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market were built in 2010 and are Class A.
Public administration is the dominant industry in this region. Most of the residents of Palladio at Broadstone work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.