Downtown Bakersfield Sublease

Downtown Bakersfield

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,570
As of: July 21, 2017

Downtown Bakersfield Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Bakersfield region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.

Downtown Bakersfield Listing Supply

In the last 90 days, 10 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Downtown Bakersfield 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1975 and are Class B.

Downtown Bakersfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Bakersfield occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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