The typical asking rate per listing is in the $40's per square foot per year. The Downtown San Rafael submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Bay Area market, the Downtown San Rafael submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 13 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Downtown San Rafael are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 750 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1965 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown San Rafael occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.