Most listings are in the $40's per square foot per year. The North Berkeley region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the East Bay market, the North Berkeley submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means listings most likley are going fast. 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 490 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1962.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Berkeley folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.