Northwest Novato Retail Space

Northwest Novato

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
22,040

Northwest Novato Rates

Most listings are in the $40's per square foot per year. The Northwest Novato region is seeing a an increase in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 41% rise in rent.

Compared to the rest of the Bay Area market, the Northwest Novato submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Northwest Novato Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the Northwest Novato 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 22,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1982 and are Class A.

Northwest Novato Community

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 area. Commute by public transit is the most popular way to get to work amongst Northwest Novato occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Northwest Novato.
Research