Modesto Retail

Modesto

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
6,140
As of: December 10, 2016

Modesto Rates

The typical asking rate per listing is in the $10's per square foot per year. The Modesto region is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% rise in rent.

Modesto Listing Supply

In the last 90 days, 10 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the Modesto are subleases, so you will probably have to focus your search on direct office leases. 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 6,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1938 and are Class B.

Modesto Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Modesto folk. Commuting approximately 30 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 Modesto.
Market Report

Market Data

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

Modesto Submarkets