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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Nob Hill submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease increased $15 per sqft per year.
In the last 90 days, 71 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the commercial real estate listings in the Nob Hill are subleases, so you will probably have to focus your search on direct leases. 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 size for office space in this area is around 3,630 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built around 0 and are Class B.
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 public transit is the most popular way to get to work amongst Nob Hill occupants. Commuting around 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 Nob Hill.
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