Folsom Road Sublease

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Folsom Road

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,350
As of: July 24, 2017

Folsom Road Rates

The typical asking rate per listing is in the $20's per square foot per year. The Folsom Road region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Greater Sacramento market, the Folsom Road region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Folsom Road Listing Supply

In the last 90 days, 3 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 233% of the available leases in the Folsom Road 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 1,350 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1978 and are Class C.

Folsom Road Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Folsom Road occupants. Commuting approximately an hour 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 Folsom Road.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Folsom Road.
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