On average, listings lease in the $0's per square foot per year. The Hillcrest region is going through a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been posted online, which means office spaces 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.
Even though the median size is 8,480 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Hillcrest residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.