Novato Commercial Real Estate

Novato

Market Report

Number of Listings
Posted in the last 90 days
25
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
670

Novato Commercial Real Estate

Find Novato commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Novato commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Novato Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Novato submarket is seeing a decline in rates. In the last 3 months, the median rate for lease fell $4 per sqft per year.

Compared to the rest of the Bay Area commercial real estate market, the Novato submarket 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, 238 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 3% of the commercial real estate listings in the Novato are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 650 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built approximately 1986 and are Class A.

Novato Community

Market Data

Real time and historical data on commercial real estate listings in Novato.
Research