Rincon Hill Office Space

Rincon Hill

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
14,660
As of: January 21, 2017

Rincon Hill Rates

The typical asking rate per listing is in the $30's per square foot per year. The Rincon Hill submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 45% decline in rent.

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

Rincon Hill Listing Supply

In the last 90 days, 5 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Rincon 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 14,660 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 1942 and are Class B.

Rincon Hill Community

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 folk. Commuting more than an hour and a half 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 Rincon Hill.
Market Report

Market Data

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