Novato Commercial Real Estate For Lease

Novato

Market Report

Number of Listings For Lease
Posted in the last 90 days
26
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,000

Novato Commercial Real Estate

Find Novato commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Novato commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Novato Rates

Most commerial real estate listings for lease are in the $30's per square foot per year. The Novato region is going through a a boost in rates. In the last 3 months, the median rate for lease increased $4 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Bay Area commercial real estate market, the Novato submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Novato Listing Supply

In the last 90 days, 238 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 3% of the commercial real estate listings in the Novato 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.

The standard size for office space in this area is around 1,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built close to 1986 and are Class A.

Novato Community

Market Data

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