On average, listings lease in the $70's per square foot per year. The Northeast San Francisco region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Bay Area market, the Northeast San Francisco submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5882 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Northeast San Francisco are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,710 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 1912 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the residents of Northeast San Francisco 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.
Real time and historical data on commercial real estate listings in Northeast San Francisco.
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