On average, listings lease in the $10's per square foot per year. The Mendocino submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 9% rise in rent.
In the last 90 days, 23 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 26% of the office spaces in the Mendocino 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.
The standard measurement for office space in this area is around 980 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1988.
Real time and historical data on commercial real estate listings in Mendocino.
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