North Beach Industrial

North Beach

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
2,680
As of: February 22, 2017

North Beach Rates

On average, listings lease in the $60's per square foot per year. The North Beach submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Bay Area market, the North Beach submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

North Beach Listing Supply

In the last 90 days, 26 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the available leases in the North Beach are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,680 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1908 and are Class B.

North Beach Community

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 area. Commute by taxi is the most popular way to get to work amongst North Beach folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in North Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Beach.
Research