On average, listings lease in the $30's per square foot per year. The Central East Oakland submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 27% increase in rent.
Compared to the rest of the East Bay market, the Central East Oakland region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 16 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Central East Oakland 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 2,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Central East Oakland work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.