The typical asking rate per listing is in the $40's per square foot per year. The Terra Linda submarket is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Bay Area market, the Terra Linda submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Terra Linda are subleases, so you might be able to snag a great spot on a short term. 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 3,180 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Terra Linda work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.