On average, listings lease in the $150's per square foot per year. The Central Waterfront region is going through a a rise in rates. In the last 3 months, the median rate went up $86 per sqft per year. That's a 118% rise in rent.
Compared to the rest of the Bay Area market, the Central Waterfront submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1962 and are Class B.
A large portion of this market 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 residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.