On average, listings lease in the $80's per square foot per year. The North Beach region is going through a a boost in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a 24% rise in rent.
Compared to the rest of the Bay Area market, the North Beach submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 17 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 24% of the listings in the North Beach 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 available, 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 properties in this market are approximately 3 floors. Most buildings in this market were built in 1908 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst North Beach occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.