Most listings are in the $70's per square foot per year. The Rincon Hill region is seeing a an increase in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Bay Area market, the Rincon Hill submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the listings in the Rincon Hill 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 posted, so finding a space for a small business might be tough.
Even though the median size is 17,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1942 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Rincon Hill occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.