Novato Office Space

Novato

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,530
As of: June 27, 2017

Novato Rates

On average, listings lease in the $30's per square foot per year. The Novato submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $40 per sqft per year.

Compared to the rest of the Bay Area market, the Novato submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Novato Listing Supply

In the last 90 days, 47 listings have been made available, so you'll want to check back regularly for new listings. About 79% of the available leases in the Novato 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.

Even though the median size is 2,530 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1987 and are Class A.

Novato Community

Market Report

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

Market Data

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