The typical asking rate per listing is in the $30's per square foot per year. The Harbor Bay Business Park region is seeing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 96% rise in rent.
Compared to the rest of the East Bay market, the Harbor Bay Business Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 15 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 47% of the listings in the Harbor Bay Business Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,030 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1998 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Harbor Bay Business Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.