Most listings are in the $50's per square foot per year. The South Park region is going through a a boost in rates. In the last 3 months, the median rate went up $51 per sqft per year.
Compared to the rest of the Bay Area market, the South Park submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the South Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1920 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst South Park residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.