Sacramento Commercial Real Estate And Office Space For Rent

Description:

Sacramento

Sacramento is the capital of the U.S. state of California and the county seat of Sacramento County. Located along the Sacramento River and just south of the American River's confluence in California's expansive Central Valley, it is the seventh-largest city in California, with a 2007 estimated population of 475,743. Sacramento is the core cultural and economic center of its four-county metropolitan area (El Dorado, Placer, Sacramento, and Yolo counties) with a combined population of 2,136,604. The Sacramento Metropolitan Area is the largest in the Central Valley, and is the fourth-largest in California, behind the Greater Los Angeles Area, the San Francisco Bay Area, and the San Diego area. Greater Sacramento has been cited as one of the five "most livable" regions in America in 2004, and the city was cited by Time magazine as America's most integrated in 2002.

Companies who look in Sacramento also search in these neighboring cities: West Sacramento, Carmichael, and Rancho Cordova

Retail space in Sacramento: Retail space in Sacramento is offered for sale and for lease and there are many local real estate brokers who have property listings for a company to view. You can quickly get a quote for a sublease or direct space by using Rofo. Retail can be found in several areas that feature retail spaces. Sacramento is offering several packages to help companies relocate into Sacramento or open retail spaces there including tax incentives and quick permitting.

Office space in Sacramento: Sacramento is attracting small office users to their downtown office space. Currently the downtown area offer office listings for lease and office listings for sale. Sacramento offers high rise office space, low rise office space, lofts, mixed use space and converted warehouse office space. The great access to an educated workforce makes Sacramento a desirable city to open an office space.

Industrial Space in Sacramento: The City's industrial developments allow businesses from a start-up to a multi-national company find their space needs on a for sale or for lease basis. Many small warehouses exist in Sacramento and can be found on Rofo.com. Sacramento has storage spaces, warehouse spaces, distribution spaces, and manufacturing spaces.

Quick Market Stats:

There's roughly 40,200,000 square feet of office space with a rough overall vacancy rate of 12.8%.  The average asking rates for office space is $2.11(fs).

The industrial space market is roughly 60,000,000 square feet and has an overall vacancy rate of %10.3.  Average lease rates range for warehouse space is $0.45 while R&D/Flex space is $1.05.