The typical asking rate per listing is in the $10's per square foot per year. The Southern Pacific - Richards region is seeing a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Greater Sacramento market, the Southern Pacific - Richards region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Southern Pacific - Richards 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 18,240 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1977 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 Southern Pacific - Richards residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.