On average, listings lease in the $30's per square foot per year. The Downtown Sacramento region is seeing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 36 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 181% of the available space in the Downtown Sacramento are subleases, so you might be able to snag a great spot on a short term. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 8 stories. Most buildings in this region were built in 1975 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Sacramento occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.