Northwest Novato Industrial

Northwest Novato

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,680
As of: July 23, 2017

Northwest Novato Rates

On average, listings lease in the $30's per square foot per year. The Northwest Novato submarket is going through a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 29% decrease in rent.

Compared to the rest of the Bay Area market, the Northwest Novato region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Northwest Novato Listing Supply

In the last 90 days, 11 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 18% of the available leases in the Northwest Novato 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,680 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1982 and are Class A.

Northwest Novato Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northwest Novato folk. Commuting more than an hour and a half 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 Northwest Novato.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Novato.
Research