On average, listings lease in the $50's per square foot per year. The Fishermans Wharf region is seeing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Bay Area market, the Fishermans Wharf submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Fishermans Wharf are subleases, so you might be able to find a shorter term or below market rent. 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 3,730 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1953 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fishermans Wharf folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.