Downtown San Francisco-Union Square Retail

Downtown San Francisco-Union Square

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
3,000
As of: August 19, 2017

Downtown San Francisco-Union Square Rates

On average, listings lease in the $70's per square foot per year. The Downtown San Francisco-Union Square region is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 10% rise in rent.

Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Downtown San Francisco-Union Square Listing Supply

In the last 90 days, 53 listings have come on the market, so you'll want to check back regularly for new listings. About 96% of the listings in the Downtown San Francisco-Union Square are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 6 floors. Most buildings in this region were built in 1909 and are Class B.

Downtown San Francisco-Union Square Community

Health care is the dominant industry in this region. 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.

Market Report

Trends and status of the commercial real estate market in Downtown San Francisco-Union Square.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown San Francisco-Union Square.
Research