On average, listings lease in the $50's per square foot per year. The The Hill region is seeing a an increase in rates. In the last 3 months, the median rate went up $56 per sqft per year.
Compared to the rest of the Bay Area market, the The Hill region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 850 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst The Hill residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.