On average, listings lease in the $60's per square foot per year. The Northwest San Francisco submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Bay Area market, the Northwest San Francisco submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 36 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available space in the Northwest San Francisco are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,090 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market 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 residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.