On average, listings lease in the $30's per square foot per year. The Central Emeryville region is experiencing a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 43% rise in rent.
Compared to the rest of the East Bay market, the Central Emeryville region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 5 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 60% of the available leases in the Central Emeryville 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,210 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1940 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Emeryville residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.