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Compared to the rest of the Bay Area commercial real estate market, the Memorial Hospital Neighborhood region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 19 commercial real estate listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,200 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built close to 1963 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the occupants of Memorial Hospital Neighborhood work from home. Commuting around 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 Memorial Hospital Neighborhood.
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