Most listings are in the $30's per square foot per year. The North San Rafael Commercial Center submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Bay Area market, the North San Rafael Commercial Center region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available space in the North San Rafael Commercial Center 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 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 1,270 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 1978 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst North San Rafael Commercial Center residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.