The typical asking rate per listing is in the $40's per square foot per year. The Bayfront - Enchanted Knolls - Shelter Ridge region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Bay Area market, the Bayfront - Enchanted Knolls - Shelter Ridge submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 570 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Bayfront - Enchanted Knolls - Shelter Ridge residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.