Most listings are in the $20's per square foot per year. The Central East Oakland region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the East Bay market, the Central East Oakland region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 319 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Central East Oakland are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,410 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Central East Oakland work from home. Commuting approximately 10 minutes 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 Central East Oakland.
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