Civic Center Retail

Civic Center

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
5,000
As of: January 16, 2017

Civic Center Rates

On average, listings lease in the $70's per square foot per year. The Civic Center submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 26% rise in rent.

Compared to the rest of the Bay Area market, the Civic Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Civic Center Listing Supply

In the last 90 days, 8 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Civic Center 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this region were built in 1912 and are Class B.

Civic Center Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Civic Center residents. Commuting close to 30 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 Civic Center.
Market Report

Market Data

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