Most listings are in the $50's per square foot per year. The Northwest San Francisco submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Bay Area market, the Northwest San Francisco region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 25 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Northwest San Francisco are subleases, so you will probably have to focus your search on direct office 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 measurement for office space in this area is around 2,500 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Northwest San Francisco folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.