The typical asking rate per listing is in the $50's per square foot per year. The Civic Center region is seeing a decrease in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 35% decline in rent.
Compared to the rest of the Bay Area market, the Civic Center region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Civic Center are subleases, so you will probably have to focus your search on direct office leases. 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this market were built in 1912 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Civic Center occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.