North Beach Retail

North Beach

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$69
Median Size (sqft)
3,640
As of: March 12, 2017

North Beach Rates

On average, listings lease in the $60's per square foot per year. The North Beach submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Bay Area market, the North Beach submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

North Beach Listing Supply

In the last 90 days, 27 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 15% of the available leases in the North Beach are subleases, so you might be able to find a shorter term or below market rent. 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 3,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region 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 market. 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