Downtown Santa Cruz Sublease

Downtown Santa Cruz

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Downtown Santa Cruz Rates

Most listings are in the $20's per square foot per year. The Downtown Santa Cruz submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

Downtown Santa Cruz Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Downtown Santa Cruz 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 5 stories. Most buildings in this region were built in 1967 and are Class B.

Downtown Santa Cruz 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 market. Commute by car is the most popular way to get to work amongst Downtown Santa Cruz 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 Downtown Santa Cruz.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Santa Cruz.