The typical asking rate per listing is in the $50's per square foot per year. The Marinship submarket is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 19% decline in rent.
Compared to the rest of the Bay Area market, the Marinship submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 25% of the listings in the Marinship 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1982 and are Class B.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Marinship 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 Marinship.
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