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On average, commerial real estate listings lease in the $30's per square foot per year. The Napa submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Bay Area commercial real estate market, the Napa submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 135 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Napa 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 size for office space in this area is around 1,420 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built around 1978 and are Class B.
Real time and historical data on commercial real estate listings in Napa.
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