Cathedral Hill Office Space

Cathedral Hill

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,120
As of: July 25, 2017

Cathedral Hill Rates

The typical asking rate per listing is in the $10's per square foot per year. The Cathedral Hill submarket is going through a decline in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 60% decline in rent.

Compared to the rest of the Bay Area market, the Cathedral Hill region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Cathedral Hill Listing Supply

In the last 90 days, 7 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available space in the Cathedral 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this market were built in 1950 and are Class B.

Cathedral Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Cathedral Hill occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Cathedral Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cathedral Hill.
Research