Novato Sublease

Novato

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,560
As of: January 22, 2017

Novato Rates

On average, listings lease in the $30's per square foot per year. The Novato submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 40% increase in rent.

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

Novato Listing Supply

In the last 90 days, 26 listings have been posted online, which means new listings might be 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 2,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region 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