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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Novato region is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $2 per sqft per year.
Compared to the rest of the Bay Area commercial real estate market, the Novato region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 180 days, 238 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 770 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built around 1986 and are Class A.
Real time and historical data on commercial real estate listings in Novato.
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