Danville Office Space

Danville

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,300
As of: December 10, 2016

Danville Rates

On average, listings lease in the $30's per square foot per year. The Danville submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 9% decline in rent.

Compared to the rest of the East Bay market, the Danville submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Danville Listing Supply

In the last 90 days, 14 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the listings in the Danville 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 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 1,300 sqft. Most properties in this area are close to 2 floors. 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