On average, listings lease in the $50's per square foot per year. The Terra Linda submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Bay Area market, the Terra Linda submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Terra Linda 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 3,920 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the occupants of Terra Linda work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.