South Berkeley Retail

South Berkeley

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,880
As of: February 23, 2017

South Berkeley Rates

Most listings are in the $30's per square foot per year. The South Berkeley region is seeing a decline in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 40% decline in rent.

Compared to the rest of the East Bay market, the South Berkeley region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

South Berkeley Listing Supply

In the last 90 days, 5 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,880 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1971 and are Class B.

South Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the occupants of South Berkeley work from home. Commuting between 20 and 25 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 South Berkeley.
Market Report

Market Data

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