The typical asking rate per listing is in the $40's per square foot per year. The Downtown San Rafael region is seeing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Bay Area market, the Downtown San Rafael submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 17 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the available space in the Downtown San Rafael 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.
The standard measurement for office space in this area is around 1,010 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown San Rafael occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.