The typical asking rate per listing is in the $70's per square foot per year. The Downtown San Francisco-Union Square region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 64 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Downtown San Francisco-Union Square are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,850 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this area were built in 1909 and are Class B.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.