Southeast Novato Industrial

Southeast Novato

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,400
As of: August 21, 2017

Southeast Novato Rates

The typical asking rate per listing is in the $30's per square foot per year. The Southeast Novato submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 15% decrease in rent.

Compared to the rest of the Bay Area market, the Southeast Novato region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Southeast Novato Listing Supply

In the last 90 days, 8 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 163% of the office spaces in the Southeast Novato are subleases, so you might be able to snag a great spot on a short term. 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 3,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.

Southeast 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 market. Commute by walking is the most popular way to get to work amongst Southeast Novato residents. 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 Southeast Novato.
Market Report

Market Data

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