Modesto Sublease

Modesto

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,600
As of: January 22, 2017

Modesto Rates

Most listings are in the $20's per square foot per year. The Modesto submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.

Modesto Listing Supply

In the last 90 days, 12 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Modesto are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1963 and are Class B.

Modesto Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Modesto residents. Commuting close to 30 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 Modesto.
Market Report

Market Data

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

Modesto Submarkets