On average, listings lease in the $20's per square foot per year. The Central East Oakland region is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the East Bay market, the Central East Oakland submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 44% of the office spaces in the Central East Oakland 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 4,410 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the folk of Central East Oakland work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.