On average, listings lease in the $30's per square foot per year. The North San Rafael Commercial Center submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 23% decline in rent.
Compared to the rest of the Bay Area market, the North San Rafael Commercial Center submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,680 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this area were built in 1978 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst North San Rafael Commercial Center residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.