Elk Grove Sublease

Elk Grove

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$13
Median Size (sqft)
6,480
As of: July 22, 2017

Elk Grove Rates

The typical asking rate per listing is in the $10's per square foot per year. The Elk Grove region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 63% decline in rent.

Compared to the rest of the Greater Sacramento market, the Elk Grove submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Elk Grove Listing Supply

In the last 90 days, 11 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 82% of the available leases in the Elk Grove 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,480 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 2006 and are Class B.

Elk Grove Community

Market Report

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

Market Data

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

Elk Grove Submarkets