Canal Office Space

Canal

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
920
As of: July 23, 2017

Canal Rates

Most listings are in the $20's per square foot per year. The Canal submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 53% decrease in rent.

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 depreciated submarket.

Canal Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% 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 920 sqft. Most buildings in this area are around 2 floors. Most buildings in this region 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 area. Commute by public transit is the most popular way to get to work amongst Canal occupants. 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