On average, listings lease in the $80's per square foot per year. The Jackson Square submarket is going through a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the Bay Area market, the Jackson Square region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 13 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 23% of the listings in the Jackson 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 2,990 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1907 and are Class C.
Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Jackson Square residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.