Novato Sublease

Novato

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,560
As of: February 19, 2017

Novato Rates

The typical asking rate per listing is in the $30's per square foot per year. The Novato region is going through a a rise in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 50% increase in rent.

Compared to the rest of the Bay Area market, the Novato submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Novato Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Novato 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.

Even though the median size is 2,560 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1987 and are Class A.

Novato Community

Market Report

Trends and status of the commercial real estate market in Novato.
Market Report

Market Data

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