The typical asking rate per listing is in the $50's per square foot per year. The Rincon Hill submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a 50% rise in rent.
Compared to the rest of the Bay Area market, the Rincon Hill region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Rincon Hill 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 available, so finding a space for a small business might be tough.
Even though the median size is 23,660 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 4 floors. Most buildings in this region were built in 1942 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Rincon Hill occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.