Most listings are in the $70's per square foot per year. The Inner Richmond submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $79 per sqft per year.
Compared to the rest of the Bay Area market, the Inner Richmond submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Inner Richmond 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 on the market, 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 properties in this market are close to 2 floors. Most buildings in this market 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 residents. 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.
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