The typical asking rate per listing is in the $50's per square foot per year. The Northwest San Francisco region is seeing a decline in rates. In the last 3 months, the median rate fell $85 per sqft per year. That's a 61% decline in rent.
Compared to the rest of the Bay Area market, the Northwest San Francisco submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 38 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 66% of the available leases in the Northwest San Francisco are subleases, so you might be able to snag a great spot on a short term. 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 1,400 sqft. Most buildings in this region 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. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northwest San Francisco occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.