South Park Office Space

South Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,530
As of: June 28, 2017

South Park Rates

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.

South Park Listing Supply

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.

South Park Community

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.

Market Report

Trends and status of the commercial real estate market in South Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Park.
Research