The typical asking rate per listing is in the $20's per square foot per year. The Downtown San Leandro submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the East Bay market, the Downtown San Leandro submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 32 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the office spaces in the Downtown San Leandro are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,550 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1977 and are Class A.
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 region. Commute by public transit is the most popular way to get to work amongst Downtown San Leandro residents. Commuting approximately 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 Downtown San Leandro.
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