On average, listings lease in the $60's per square foot per year. The Southeast San Francisco submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Bay Area market, the Southeast 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, 204 listings have been made available, so you'll want to check back regularly for new listings. About 20% of the office spaces in the Southeast 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.
Even though the median size is 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1926 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 motorcycle is the most popular way to get to work amongst Southeast San Francisco occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.