On average, listings lease in the $20's per square foot per year. The Industrial Area East region is seeing a a rise in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 48% rise in rent.
Compared to the rest of the Greater Sacramento market, the Industrial Area East submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the listings in the Industrial Area East 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 2001 and are Class B.
Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Industrial Area East residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.