Salinas Retail

Salinas

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,200
As of: February 21, 2017

Salinas Rates

On average, listings lease in the $20's per square foot per year. The Salinas submarket is going through a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 43% increase in rent.

Salinas Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Salinas are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1986 and are Class B.

Salinas Community

Market Report

Trends and status of the commercial real estate market in Salinas.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Salinas.
Research