Downtown Concord Sublease

Downtown Concord

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,770
As of: July 23, 2017

Downtown Concord Rates

The typical asking rate per listing is in the $50's per square foot per year. The Downtown Concord submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a 80% increase in rent.

Compared to the rest of the East Bay market, the Downtown Concord region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Downtown Concord Listing Supply

In the last 90 days, 15 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Downtown Concord are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,770 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1985 and are Class A.

Downtown Concord Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Concord occupants. Commuting more than an hour and a half 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 Concord.
Market Report

Market Data

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

Concord Submarkets