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The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Victoria Mews submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $63 per sqft per year.
Compared to the rest of the Bay Area commercial real estate market, the Victoria Mews region has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 commercial real estate listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 300 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Victoria Mews folk. Commuting approximately an hour and a half 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 Victoria Mews.
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