Tenderloin Office Space

Tenderloin

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
1,630
As of: December 4, 2016

Tenderloin Rates

On average, listings lease in the $70's per square foot per year. The Tenderloin region is going through a a rise in rates. In the last 3 months, the median rate went up $51 per sqft per year. That's a 184% increase in rent.

Compared to the rest of the Bay Area market, the Tenderloin region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Tenderloin Listing Supply

In the last 90 days, 7 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,630 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1918 and are Class B.

Tenderloin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Tenderloin occupants. Commuting around 15 minutes 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 Tenderloin.
Market Report

Market Data

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