Sierra Gardens Sublease

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Sierra Gardens

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,350
As of: August 19, 2017

Sierra Gardens Rates

On average, listings lease in the $20's per square foot per year. The Sierra Gardens region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.

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

Sierra Gardens Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Sierra Gardens 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.

Even though the median size is 4,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1984 and are Class C.

Sierra Gardens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Sierra Gardens folk. Commuting around 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 Sierra Gardens.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sierra Gardens.
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