On average, listings lease in the $30's per square foot per year. The West Berkeley submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the East Bay market, the West Berkeley submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 123% of the listings in the West Berkeley are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,950 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst West Berkeley residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.