North San Rafael Commercial Center Industrial

North San Rafael Commercial Center

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,130
As of: January 19, 2017

North San Rafael Commercial Center Rates

The typical asking rate per listing is in the $30's per square foot per year. The North San Rafael Commercial Center submarket is going through a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the Bay Area market, the North San Rafael Commercial Center region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

North San Rafael Commercial Center Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the North San Rafael Commercial Center are subleases, so you might be able to find a shorter term or below market rent. 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 4,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built in 1978 and are Class A.

North San Rafael Commercial Center Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. 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.

Market Report

Trends and status of the commercial real estate market in North San Rafael Commercial Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North San Rafael Commercial Center.
Research