Northwest Novato Office Space

Northwest Novato

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
2,400
As of: February 20, 2017

Northwest Novato Rates

On average, listings lease in the $40's per square foot per year. The Northwest Novato region is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a 83% rise in rent.

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

Northwest Novato Listing Supply

In the last 90 days, 20 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,400 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1983 and are Class A.

Northwest Novato Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northwest Novato residents. Commuting more than an hour and a half 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 Northwest Novato.
Market Report

Market Data

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