Ocean View Industrial

Ocean View

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
7,200

Ocean View Rates

The typical asking rate per listing is in the $40's per square foot per year. The Ocean View region is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 12% rise in rent.

Compared to the rest of the East Bay market, the Ocean View submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Ocean View Listing Supply

In the last 90 days, 40 listings have been made available, which means office spaces might be 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 7,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1966 and are Class B.

Ocean View Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Ocean View folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Ocean View.
Research