Most listings are in the $30's per square foot per year. The Olympus Pointe region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Greater Sacramento market, the Olympus Pointe region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available leases in the Olympus Pointe 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.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Olympus Pointe residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.