Southeast Novato Retail

Southeast Novato

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
5,800
As of: February 24, 2017

Southeast Novato Rates

Most listings are in the $40's per square foot per year. The Southeast Novato region is seeing a a boost in rates. In the last 3 months, the median rate rose $48 per sqft per year.

Compared to the rest of the Bay Area market, the Southeast Novato region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Southeast Novato Listing Supply

In the last 90 days, 8 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Southeast Novato are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class B.

Southeast Novato Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Southeast Novato folk. Commuting more than an hour and a half 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 Southeast Novato.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southeast Novato.
Research