Danville Office Space

Danville

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,140
As of: July 21, 2017

Danville Rates

The typical asking rate per listing is in the $30's per square foot per year. The Danville region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 12% decline in rent.

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

Danville Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 80% of the listings in the Danville 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.

The standard measurement for office space in this area is around 1,140 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1982 and are Class B.

Danville Community

Market Report

Trends and status of the commercial real estate market in Danville.
Market Report

Market Data

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

Danville Submarkets