The typical asking rate per listing is 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 increased $24 per sqft per year.
Compared to the rest of the East Bay market, the Central East Oakland region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 16 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Central East Oakland 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,780 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region 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 occupants of Central East Oakland work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.