Ocean View Industrial

Ocean View

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,290
As of: June 23, 2017

Ocean View Rates

On average, listings lease in the $40's per square foot per year. The Ocean View submarket is going through a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year.

Compared to the rest of the East Bay market, the Ocean View region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Ocean View Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available space in the Ocean View are subleases, so you might be able to find a shorter term or below market rent. 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 measurement for office space in this area is around 2,290 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1961 and are Class B.

Ocean View Community

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 market. Commute by public transit is the most popular way to get to work amongst Ocean View folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Ocean View.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ocean View.
Research