South of Market Retail

South of Market

Office Space Market Report

Number of Listings (last 90 days)
131
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
4,000
As of: January 23, 2017

South of Market Rates

Most listings are in the $70's per square foot per year. The South of Market submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Bay Area market, the South of Market submarket has higher rates, and you'll need to make a great offer to be in this hot region.

South of Market Listing Supply

In the last 90 days, 130 listings have come on the market, so you'll want to check back regularly for new listings. About 28% of the available leases in the South of Market 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1923 and are Class B.

South of Market Community

A large portion of this region is residential, but there's plenty of office_space. Agriculture is the dominant industry in this market. Most of the occupants of South of Market work from home. Commuting around 30 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 South of Market.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South of Market.
Research