The typical asking rate per listing is in the $20's per square foot per year. The Elk Grove submarket is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 26% decline in rent.
Compared to the rest of the Greater Sacramento market, the Elk Grove region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 11 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Elk Grove 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.
Even though the median size is 6,400 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 2006 and are Class B.