North Valley Sublease

North Valley

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,700
As of: February 26, 2017

North Valley Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Valley submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 16% increase in rent.

North Valley Listing Supply

In the last 90 days, 37 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the North Valley are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,700 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1984 and are Class B.

North Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst North Valley residents. 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 North Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Valley.
Research