The typical asking rate per listing is in the $70's per square foot per year. The Inner Richmond submarket is going through a a rise in rates. In the last 3 months, the median rate went up $79 per sqft per year.
Compared to the rest of the Bay Area market, the Inner Richmond region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 46 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Inner Richmond are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,140 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1917 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Inner Richmond occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Inner Richmond.
Get email notifications when new listings are posted that match your requirements.