The typical asking rate per listing is in the $20's per square foot per year. The Central Fresno submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Fresno market, the Central Fresno submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 84 listings have come on the market, so you'll want to check back regularly for new listings. 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 1,890 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1965 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Fresno folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.