On average, listings lease in the $40's per square foot per year. The Mansion Flats region is seeing a a rise in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Greater Sacramento market, the Mansion Flats submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Mansion Flats 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 11,670 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1981 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Mansion Flats folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.