On average, listings lease in the $40's per square foot per year. The Southeast Novato submarket is going through a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Bay Area market, the Southeast Novato region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 34% of the office spaces in the Southeast Novato 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 1,340 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southeast Novato folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeast Novato.
Get email notifications when new listings are posted that match your requirements.