Potrero Hill Office Space

Potrero Hill

Office Space Market Report

Number of Listings (last 90 days)
231
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
22,490
As of: August 17, 2017

Potrero Hill Rates

On average, listings lease in the $30's per square foot per year. The Potrero Hill region is experiencing a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 36% decline in rent.

Compared to the rest of the Bay Area market, the Potrero Hill region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Potrero Hill Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available space in the Potrero Hill 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 8,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1961 and are Class B.

Potrero Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Potrero Hill work from home. Commuting approximately an hour 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 Potrero Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Potrero Hill.
Research

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