On average, listings lease in the $40's per square foot per year. The Downtown San Rafael submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Bay Area market, the Downtown San Rafael region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Downtown San Rafael are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 750 sqft. Most buildings in this market are approximately 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 market. 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.