Mission District Office Space

Mission District

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
8,770
As of: August 18, 2017

Mission District Rates

The typical asking rate per listing is in the $70's per square foot per year. The Mission District submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 18% rise in rent.

Compared to the rest of the Bay Area market, the Mission District region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Mission District Listing Supply

In the last 90 days, 27 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 44% of the available leases in the Mission District 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 7,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1914 and are Class B.

Mission District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Mission District folk. Commuting close to 10 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 Mission District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mission District.
Research