Canal Office Space

Canal

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
1,580
As of: June 22, 2017

Canal Rates

Most listings are in the $40's per square foot per year. The Canal region is seeing a a rise in rates. In the last 3 months, the median rate increased $44 per sqft per year.

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

Canal Listing Supply

In the last 90 days, 7 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the listings in the Canal 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1980 and are Class B.

Canal Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Canal residents. Commuting under 5 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 Canal.
Market Report

Market Data

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