On average, listings lease in the $70's per square foot per year. The Inner Richmond submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $79 per sqft per year.
Compared to the rest of the Bay Area market, the Inner Richmond region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,140 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Inner Richmond occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.