Southeast Novato Office Space

Southeast Novato

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
5,800
As of: February 23, 2017

Southeast Novato Rates

On average, listings lease in the $20's per square foot per year. The Southeast Novato region is experiencing a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year.

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

Southeast Novato Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Southeast Novato are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1984 and are Class B.

Southeast 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 market. Commute by walking is the most popular way to get to work amongst Southeast Novato folk. 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 Southeast Novato.
Market Report

Market Data

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