The typical asking rate per listing is in the $50's per square foot per year. The Bayfront - Enchanted Knolls - Shelter Ridge submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Bay Area market, the Bayfront - Enchanted Knolls - Shelter Ridge submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 570 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Bayfront - Enchanted Knolls - Shelter Ridge folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.