On average, listings lease in the $50's per square foot per year. The Bayfront - Enchanted Knolls - Shelter Ridge submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $55 per sqft per year.
Compared to the rest of the Bay Area market, the Bayfront - Enchanted Knolls - Shelter Ridge region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Bayfront - Enchanted Knolls - Shelter Ridge 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 250 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Bayfront - Enchanted Knolls - Shelter Ridge occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.