North Beach Retail

North Beach

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
3,250
As of: January 15, 2017

North Beach Rates

The typical asking rate per listing is in the $60's per square foot per year. The North Beach region is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 19% decline 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 submarket.

North Beach Listing Supply

In the last 90 days, 28 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the North Beach 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 3,250 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area 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 occupants. 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