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The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Mission District region is seeing a decrease in rates. In the last 3 months, the median rate for lease decreased $15 per sqft per year.
Compared to the rest of the Bay Area commercial real estate market, the Mission District submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 434 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Mission District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 6,800 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built close to 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Mission District residents. Commuting around 10 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 Mission District.
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