Financial District Retail

456 Montgomery St Listing
Financial District, San Francisco, CA
**456 MONTGOMERY STREET BUILDING FEATURES:** **PRESTIGIOUS TENANTS:** First Bank, Icon Clinical Research, California bank & trust Beveridge & Diamond, P.C., Kwan Henmi, Vogl & Meredith LLP, consulate General of Israel, Equity Risk Partners, Hersh Family Law **RETAIL SERVICES:** First Bank, Grace image photography studio, MOZA, F.D. Haircuts by Leo, San Francisco Golf Performance Center, Ross Lai DDS, additional new retail coming soon **NEARBY PARKING:** 550 Kearny, 550 California, 475 Sansome   Features - Suite 750 - 3,418 SF - High end open bar/break are, efficient open area with great natural light, Convertible conference space for all hands or 3 conference rooms, Available 4/1/2017 - Suite 900 - 7,133 SF - Full floor opportunity, 11 perimeter offices, large conference room, 2 open areas & production areas, can be demised to +-2,800 SF, available 4/1/2017 - Suite 1100 - 7,134 SF - Full floor identity, 61 workstations, 2 offices, 1 large & 3 small conference rooms, 1 copy & break room, spec suite in process, available +-1/1/2017 - Suite 1500 - 7,262 SF - City and bay views, 9 private offices, 1 conference room, 1 open office, kitchen/breakroom, 2 storage areas, available now. - Suite 1600 - 7,262 SF - Great elevator identity, city and bay views, 12 private offices, 2 conference rooms, 2 open offices, kitchen/breakroom, 1 storage area, reception, available 6/2017 (potentially sooner).

Financial District

Office Space Market Report

Number of Listings (last 90 days)
190
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
3,530
As of: December 2, 2016

Financial District Rates

On average, listings lease in the $80's per square foot per year. The Financial District region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Bay Area market, the Financial District submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Financial District Listing Supply

In the last 90 days, 191 listings have been listed, so you'll want to check back regularly for new listings. About 19% of the available leases in the Financial District 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 14 floors. Most buildings in this region were built in 1923 and are Class A.

Financial District Community

Professional services is the dominant industry in this market. Most of the folk of Financial District work from home. Commuting around 10 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 Financial District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Financial District.
Research