On average, listings lease in the $30's per square foot per year. The Olympus Pointe region is seeing a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Greater Sacramento market, the Olympus Pointe region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 19 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Olympus Pointe residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.