On average, listings lease in the $70's per square foot per year. The Northeast San Francisco region is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Bay Area market, the Northeast San Francisco submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 234 listings have come on the market, so you'll want to check back regularly for new listings. About 21% of the office spaces in the Northeast San Francisco 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 4,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1912 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Northeast San Francisco work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.