The typical asking rate per listing is in the $70's per square foot per year. The Downtown San Francisco-Union Square submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 62 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Downtown San Francisco-Union Square are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,500 sqft. Most properties in this region are close to 6 stories. Most buildings in this market were built in 1909 and are Class B.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.