The typical asking rate per listing is in the $30's per square foot per year. The Bay Farm Island region is going through a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 96% rise in rent.
Compared to the rest of the East Bay market, the Bay Farm Island region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 103 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the listings in the Bay Farm Island are subleases, so you will probably have to consider a longer term lease. 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 4,030 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bay Farm Island occupants. Commuting between 30 and 45 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 Bay Farm Island.
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