Compared to the rest of the Bay Area market, the Northern Waterfront region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 28% of the office spaces in the Northern Waterfront 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 1927 and are Class B.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Northern Waterfront residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.