Most listings are in the $10's per square foot per year. The Bay Farm Island region is going through a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 38% decrease in rent.
Compared to the rest of the East Bay market, the Bay Farm Island submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 15 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Bay Farm Island residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.