On average, listings lease in the $30's per square foot per year. The Rincon Hill region is going through a decrease in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 45% decline in rent.
Compared to the rest of the Bay Area market, the Rincon Hill submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Rincon Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 14,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this area were built in 1942 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. 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.