Bayfront - Enchanted Knolls - Shelter Ridge Office Space

Bayfront - Enchanted Knolls - Shelter Ridge

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
250
As of: July 19, 2017

Bayfront - Enchanted Knolls - Shelter Ridge Rates

On average, listings lease in the $50's per square foot per year. The Bayfront - Enchanted Knolls - Shelter Ridge region is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Bay Area market, the Bayfront - Enchanted Knolls - Shelter Ridge region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Bayfront - Enchanted Knolls - Shelter Ridge Listing Supply

In the last 90 days, 8 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Bayfront - Enchanted Knolls - Shelter Ridge 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 250 sqft.

Bayfront - Enchanted Knolls - Shelter Ridge Community

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.

Market Report

Trends and status of the commercial real estate market in Bayfront - Enchanted Knolls - Shelter Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bayfront - Enchanted Knolls - Shelter Ridge.
Research