The typical asking rate per listing is in the $20's per square foot per year. The Mansion Flats region is experiencing a decrease in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 34% decline in rent.
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 region.
In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region 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 region. Commute by car is the most popular way to get to work amongst Mansion Flats residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.