Most listings are in the $20's per square foot per year. The Memorial Hospital Neighborhood region is seeing a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Bay Area market, the Memorial Hospital Neighborhood submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1980 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 area. Most of the occupants of Memorial Hospital Neighborhood work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.