The typical asking rate per listing is in the $10's per square foot per year. The Harbor Bay Business Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the East Bay market, the Harbor Bay Business Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 14 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,300 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1998 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Harbor Bay Business Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.