The typical asking rate per listing is in the $60's per square foot per year. The Downtown Oakland submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 114 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the listings in the Downtown Oakland are subleases, so you will probably have to focus your search on direct office leases. 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 3,260 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this area were built in 1931 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst Downtown Oakland residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.