On average, listings lease in the $70's per square foot per year. The Downtown San Francisco-Union Square region is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 53 listings have come on the market, so you'll want to check back regularly for new listings. About 96% of the listings in the Downtown San Francisco-Union Square are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 6 floors. Most buildings in this region were built in 1909 and are Class B.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.