Santa Cruz Retail

Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
233
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,320
As of: August 22, 2017

Santa Cruz Rates

On average, listings lease in the $30's per square foot per year. The Santa Cruz submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 34% rise in rent.

Santa Cruz Listing Supply

In the last 90 days, 29 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 41% of the listings in the Santa Cruz 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 1,320 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1977 and are Class B.

Santa Cruz Community

Market Report

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

Market Data

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