Central Novato Office Space

Central Novato

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,250
As of: June 25, 2017

Central Novato Rates

Most listings are in the $30's per square foot per year. The Central Novato region is experiencing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year.

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

Central Novato Listing Supply

In the last 90 days, 12 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 142% of the office spaces in the Central Novato 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,250 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1987 and are Class A.

Central Novato Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Novato residents. Commuting approximately 15 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 Central Novato.
Market Report

Market Data

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