The typical asking rate per listing is in the $30's per square foot per year. The Park Avenue region is going through a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 27% increase in rent.
Compared to the rest of the East Bay market, the Park Avenue region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 11,170 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region were built in 1925.
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 market. Commute by public transit is the most popular way to get to work amongst Park Avenue folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.