The typical asking rate per listing is in the $60's per square foot per year. The Northwest San Francisco submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Bay Area market, the Northwest San Francisco region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 38 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 42% of the available space in the Northwest 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,870 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1917 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Northwest San Francisco folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.