On average, listings lease in the $80's per square foot per year. The Jackson Square submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a 24% rise in rent.
Compared to the rest of the Bay Area market, the Jackson Square submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 13 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 23% of the available leases in the Jackson Square 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 2,990 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1907 and are Class C.
Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Jackson Square occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.