Tenderloin Retail

1 Jones St Space
SoMa, San Francisco, CA
# The Hibernia Bank Building at 1 Jones Street - Up to 41,761 SF Available For Lease \> Office, Retail, Entertainment The Hibernia Bank reflects the City’s role as a center of business and art. Situated at the intersection of Jones, McAllister and Market Streets, The Hibernia Bank offers an unsurpassed location just steps from worldclass shopping, fine dining, housing, lodging, and public transportation. The City’s thriving Mid-Market tech hub is home to giants like Twitter, Uber, Yammer and Square. The ultimate blend of breathtaking historical touches and modern conveniences, The Hibernia Bank building is now available as a leasable space. Built in 1892 by the acclaimed architect Albert Pissis, The Hibernia Bank has been recognized nationally for its historic significance. San Francisco Historic Landmark #130, The Hibernia Bank was described by SF Architectural Heritage guide as “one of the finest of San Francisco’s uniquely superb collection of modified temple form banks.” As one the few structures to survive the 1906 earthquake, The Hibernia Bank serves as a visible anchor for the City’s storied Mid-Market neighborhood and features unique Neoclassical Revival-style touches, including its grand corner entrance, giant exterior colonnade, and famed domed entrance. ENTIRE BUILDING AVAILABLE: \> First Floor: Approx. 15,673 SF \> Second Floor: Approx. 14,755 SF \> Mezzanine: Approx. 1,590 SF \> Third Floor: Approx. 6,815 SF \> Penthouse: Approx. 2,928 SF TOTAL: Approx. 41,761 SF Features - First Quarter 2016 Delivery - Iconic Historical Landmark - Penthouse Rooftop Deck - Original Interior Elements - Amazing Natural Light - 1/2 Block from BART/MUNI Civic Center - Office Entitlements - Sensational Identity Branding Opportunity

Tenderloin

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,840
As of: January 22, 2017

Tenderloin Rates

Most listings are in the $50's per square foot per year. The Tenderloin region is experiencing a decline in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 24% decrease in rent.

Compared to the rest of the Bay Area market, the Tenderloin region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Tenderloin Listing Supply

In the last 90 days, 13 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Tenderloin are subleases, so you will probably have to focus your search on direct office leases. 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 2,836 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1918 and are Class B.

Tenderloin Community

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 market. Commute by car is the most popular way to get to work amongst Tenderloin folk. Commuting around 15 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 Tenderloin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tenderloin.
Research