On average, listings lease in the $40's per square foot per year. The Canal submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $19 per sqft per year. That's a 77% rise in rent.
Compared to the rest of the Bay Area market, the Canal submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 8 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Canal 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,310 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1980 and are Class B.
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 market. Commute by public transit is the most popular way to get to work amongst Canal residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.