On average, listings lease in the $40's per square foot per year. The Downtown San Rafael region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Bay Area market, the Downtown San Rafael region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 99 listings have been posted online, so you'll want to check back regularly for new listings. About 15% of the available leases in the Downtown San Rafael are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 510 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1963 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown San Rafael residents. Commuting close to an hour 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 Downtown San Rafael.
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