Most listings are in the $40's per square foot per year. The Terra Linda region is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Bay Area market, the Terra Linda submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Terra Linda are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,180 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of Terra Linda work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.