The typical asking rate per listing is in the $40's per square foot per year. The Terra Linda region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Bay Area market, the Terra Linda region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 14 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 36% of the available leases in the Terra Linda are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,640 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the folk of Terra Linda work from home. 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 Terra Linda.
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