The typical asking rate per listing is in the $150's per square foot per year. The Central Waterfront submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $158 per sqft per year.
Compared to the rest of the Bay Area market, the Central Waterfront submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Central Waterfront 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 9,180 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1962 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Waterfront folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.