Bakersfield CA Commercial Office Space Rentals

Bakersfield California

Economy/ News/ Prices:

The largest city between Fresno and Los Angeles and a major point of interest for many new residents. The city is ranked as the eleventh fastest growing city in California. The estimated population of the city is 322,818 at the core and upwards of 800,458 in the greater metropolitan area.
The economic picture of Bakersfield relies greatly on several large industries. The area remains a major area for agriculture and oil. Some of the major crops that grow in the area are carrots, almonds, cotton, grapes, and roses. Outside of agriculture there is a high concentration of technology and computer companies. Despite the large amount of employment opportunities for job seekers of all kinds, the unemployment rate of Bakersfield is at around 17% in recent months, and has been hit hard in recent economical shifts.

Office Space Rates:

Office space and retail space abounds in the area in a variety of shapes, sizes, and locations. In a recent survey of open spaces the prices started at around $600 a month for small office space in nicer buildings. Larger options abound as low as $0.80 a square foot for over 1,000 square feet of space and more. There are a variety of options and factors that go into the pricing of retail and office space and should be explored by entrepreneurs of all types for the most current options. The area rivals many larger areas in terms of vacancies and prices.
The climate of Bakersfield has a somewhat arid climate that has long and hot summers with cooler winters and an abundance of rain. Outside of moderate weather changes, the area is known as one of the sunniest cities in the United States.