On average, listings lease in the $30's per square foot per year. The North Hollis submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the East Bay market, the North Hollis region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 12 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 1946 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst North Hollis occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.