Most listings are in the $80's per square foot per year. The South Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Bay Area market, the South Park submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 107 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available space in the South Park are subleases, so you will probably have to focus your search on direct office leases. 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 2,360 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1920 and are Class C.
This area is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst South Park residents. Commuting approximately an hour and a half 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 South Park.
Get email notifications when new listings are posted that match your requirements.