The typical asking rate per listing is in the $30's per square foot per year. The Tenderloin submarket is going through a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 47% decrease in rent.
Compared to the rest of the Bay Area market, the Tenderloin region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 11 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 36% of the available leases in the Tenderloin 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 10,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Tenderloin folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.