On average, listings lease in the $30's per square foot per year. The Inner Richmond submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 32% decrease in rent.
Compared to the rest of the Bay Area market, the Inner Richmond region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,910 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Inner Richmond folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.