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On average, commerial real estate listings lease in the $160's per square foot per year. The North Beach submarket is going through a a boost in rates. In the last 3 months, the median rate for lease went up $81 per sqft per year. That's a 95% rise in rent.
Compared to the rest of the Bay Area commercial real estate market, the North Beach submarket has greater rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 436 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the North Beach 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 4,500 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built around 1908 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst North Beach residents. Commuting between 20 and 25 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 North Beach.
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