The typical asking rate per listing is in the $30's per square foot per year. The North Hollis submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the East Bay market, the North Hollis submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 12 listings have been listed, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1946 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst North Hollis residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.