On average, listings lease in the $60's per square foot per year. The Central Waterfront submarket is going through a a boost in rates. In the last 3 months, the median rate went up $63 per sqft per year.
Compared to the rest of the Bay Area market, the Central Waterfront region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available space in the Central Waterfront 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,220 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1962 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Waterfront occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.