North Beach Retail

North Beach

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$82
Median Size (sqft)
3,250
As of: December 8, 2016

North Beach Rates

The typical asking rate per listing is in the $80's per square foot per year. The North Beach region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Bay Area market, the North Beach region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

North Beach Listing Supply

In the last 90 days, 23 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the listings in the North Beach are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1908 and are Class B.

North Beach Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst North Beach folk. Commuting between 20 and 25 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 North Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Beach.
Research