Ocean View Office Space

Ocean View

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
8,010
As of: December 10, 2016

Ocean View Rates

The typical asking rate per listing is in the $30's per square foot per year. The Ocean View submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the East Bay market, the Ocean View submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Ocean View Listing Supply

In the last 90 days, 7 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 8,010 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1961 and are Class B.

Ocean View Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Ocean View occupants. Commuting between 30 and 45 minutes 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 Ocean View.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ocean View.
Research