Market Statistics: Average Rents
 Average Rents for Office/Medical Office, Retail and Industrial Space in the Modesto/Stanislaus County Area**
(Note: Because of the way this information is displayed, some duplicate entries may be found between categories)
 
 

Offered on

Total Square Feet

Average Price Per
Square Foot

Average Size -
Square Feet

Number of
Spaces
Industrial June 2010

Gross lease basis

 653,773 $0.51 4,879 134
 

Industrial gross lease basis

 27,346 $0.63 3,418 8
  Modified gross lease basis 58,990 $0.51 4,916 12
  Net lease basis 1,344,363 $0.44 53,775 25
  Total 2,084,472   179
Medical Office June 2010 Full service lease basis 12,390 $1.49 3,098 4
  Gross lease basis 20,305 $1.41 2,538 8
  Net lease basis 19,611 $1.31 2,179 9
  Total 52,306   21
Office June 2010 Full service lease basis 37,751 $1.68 1,049 36
  Gross lease basis 318,054 $1.13 2,106 151
  Modified gross lease basis 140,519 $1.17 1,849 76
  Net lease basis 221,725 $1.28 3,890 57
 

Total

 718,049   320
Retail June 2010 Gross lease basis 147,255 $1.03 3,005 49
  Modified gross lease basis 21,134 $1.21 3,019 7
  Net lease basis 315,641 $1.37 3,995 79
 

Total

 484,030   135
           
Industrial March 2010

Gross lease basis

 640,720 $0.51 5,126 125
 

Industrial gross lease basis

 27,346 $0.65 3,418 8
  Modified gross lease basis 26,979 $0.55 2,998 9
  Net lease basis 1,343,363 $0.46 53,735 25
  Total 2,038,408   167
Medical Office March 2010 Full service lease basis 12,390 $1.49 3,098 4
  Gross lease basis 20,383 $1.41 2,548 8
  Net lease basis 19,611 $1.31 2,179 9
  Total 52,384   21
Office March 2010 Full service lease basis 37,751 $1.68 1,049 36
  Gross lease basis 303,070 $1.14 2,180 139
  Modified gross lease basis 132,870 $1.19 1,898 70
  Net lease basis 215,991 $1.28 3,927 55
 

Total

 689,682   300
Retail March 2010 Gross lease basis 133,761 $1.01 3,185 42
  Modified gross lease basis 21,134 $1.23 3,019 7
  Net lease basis 296,516 $1.39 3,902 76
 

Total

 451,411   125
           
Industrial December 2009

Gross lease basis

 640,955 $0.52 4,930 130
 

Industrial gross lease basis

 27,346 $0.65 3,418 8
  Modified gross lease basis 18,815 $0.54 2,091 9
  Net lease basis 1,342,363 $0.45 55,932 24
  Total 2,029,479   171
Medical Office December 2009 Full service lease basis 1,600 $1.10 800 2
  Gross lease basis 30,080 $1.43 2,735 11
  Net lease basis 27,256 $1.61 3,407 8
  Total 58,936   25
Office December 2009 Full service lease basis 32,306 $1.67 950 34
  Gross lease basis 290,220 $1.13 2,182 133
  Modified gross lease basis 139,116 $1.19 1,932 72
  Net lease basis 271,878 $1.28 3,757 58
 

Total

 679,520   297
Retail December 2009 Gross lease basis 153,311 $0.98 3,650 42
  Modified gross lease basis 11,134 $1.44 1,856 6
  Net lease basis 318,909 $1.40 3,842 83
 

Total

 483,354   131
           
Industrial August 2009

Gross lease basis

 673,455 $0.55 4,952 136
 

Industrial gross lease basis

 26,540 $0.61 3,318 8
  Modified gross lease basis 22,889 $0.60 2,081 11
  Net lease basis 1,340,663 $0.45 58,290 23
  Total 2,063,547   178
Medical Office August 2009 Full service lease basis 1,770 $1.73 590 3
  Gross lease basis 27,194 $1.48 3,022 9
  Net lease basis 36,970 $1.58 2,844 13
  Total 65,934   25
Office August 2009 Full service lease basis 25,856 $1.76 718 36
  Gross lease basis 234,102 $1.16 1,967 119
  Modified gross lease basis 142,096 $1.15 2,255 63
  Net lease basis 239,171 $1.38 3,322 72
 

Total

 641,225   290
Retail August 2009 Gross lease basis 154,198 $1.00 3,427 45
  Modified gross lease basis 11,134 $1.44 1,856 6
  Net lease basis 326,681 $1.44 3,984 82
 

Total

 492,013   133
           
Industrial July 2009

Gross lease basis

 627,098 $0.56 4,715 133
 

Industrial gross lease basis

 26,540 $0.61 3,318 8
  Modified gross lease basis 20,289 $0.59 1,844 11
  Net lease basis 1,133,913 $0.46 53,996 21
  Total 1,807,840   173
Medical Office July 2009 Full service lease basis 1,770 $1.73 590 3
  Gross lease basis 27,194 $1.48 3,022 9
  Net lease basis 36,970 $1.58 2,844 13
  Total 65,934   25
Office July 2009 Full service lease basis 24,886 $1.58 803 31
  Gross lease basis 233,535 $1.15 1,996 117
  Modified gross lease basis 131,904 $1.13 2,198 60
  Net lease basis 259,341 $1.36 3,458 75
 

Total

 649,666   283
Retail July 2009 Gross lease basis 155,498 $.99 3,380 46
  Modified gross lease basis 11,134 $1.44 1,856 6
  Net lease basis 331,201 $1.44 4,039 82
 

Total

 497,833   134
           
Industrial April 2009

Gross lease basis

 655,820 $0.56 4,940 133
 

Industrial gross lease basis

 26,540 $0.61 3,318 8
  Modified gross lease basis 23,715 $0.63 2,156 11
  Net lease basis 526,681 $0.48 32,918 16
  Total 1,232,756   168
Medical Office April 2009 Full service lease basis 1,770 $1.73 590 3
  Gross lease basis 12,051 $1.46 3,013 4
  Net lease basis 24,485 $1.51 3,061 8
  Total 38,306   15
Office April 2009 Full service lease basis 28,655 $1.58 843 34
  Gross lease basis 212,244 $1.16 1,830 116
  Modified gross lease basis 131,490 $1.14 2,156 61
  Net lease basis 194,298 $1.36 2,699 72
 

Total

 566,687   283
Retail April 2009 Gross lease basis 157,208 $1.09 3,275 48
  Modified gross lease basis 11,134 $1.44 1,856 6
  Net lease basis 331,375 $1.43 4,041 82
 

Total

 499,717   136
           
Industrial March 2009

Gross lease basis

 671,795 $0.52 4,940 136
 

Industrial gross lease basis

 26,540 $0.61 3,318 8
  Modified gross lease basis 24,715 $0.63 2,156 11
  Net lease basis 533,431 $0.47 31,378 17
  Total 1,255,481   172
Medical Office March 2009 Full service lease basis 1,770 $1.73 590 3
  Gross lease basis 12,051 $1.46 3,013 4
  Net lease basis 24,485 $1.51 3,061 8
  Total 38,306   15
Office March 2009 Full service lease basis 30,347 $1.56 920 33
  Gross lease basis 206,025 $1.17 1,807 114
  Modified gross lease basis 122,897 $1.12 2,119 58
  Net lease basis 199,698 $1.36 2,736 73
 

Total

 558,967   278
Retail March 2009 Gross lease basis 158,168 $1.08 3,365 47
  Modified gross lease basis 11,134 $1.44 1,856 6
  Net lease basis 332,875 $1.44 4,011 83
 

Total

 502,177   136
           
**The information for this table is from the leasing inventory compiled by way and Sales Pofessionals, Real Estate Appraisers, from information supplied by the agents and brokers in the area. This information is not a 100% sample but is a reasonable representation of the market. This information is deemed reliable but is not guaranteed.

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An independently owned and operated member of Prudential Real Estate Affiliates, Inc. is a service mark of The Prudential Financial Company of America. Equal Housing Opportunity. The source of information about properties on this web site are deems reliable, but are not verified or guaranteed. All measurements, figures and information are approximate. All property listings are subject to sale, price change or withdrawal from the market at any time. Broker CA DRE #01460663