Most listings are in the $30's per square foot per year. The Southeast Novato region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Bay Area market, the Southeast Novato submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 8 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 138% of the office spaces in the Southeast 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1984 and are Class B.
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 walking is the most popular way to get to work amongst Southeast Novato occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.