On average, listings lease in the $30's per square foot per year. The Mansion Flats region is going through a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Greater Sacramento market, the Mansion Flats submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1981 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Mansion Flats occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.