The typical asking rate per listing is in the $60's per square foot per year. The Jackson Square submarket is going through a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 24% decrease in rent.
Compared to the rest of the Bay Area market, the Jackson Square region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 3,420 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1907 and are Class C.
Construction is the dominant industry in this region. 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.