On average, listings lease in the $80's per square foot per year. The Financial District region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Bay Area market, the Financial District submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 191 listings have been listed, so you'll want to check back regularly for new listings. About 19% of the available leases in the Financial District 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 14 floors. Most buildings in this region were built in 1923 and are Class A.
Professional services is the dominant industry in this market. Most of the folk of Financial District work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.