Most listings are in the $70's per square foot per year. The Financial District region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Bay Area market, the Financial District submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 185 listings have been made available, so you'll want to check back regularly for new listings. About 89% 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 13 floors. Most buildings in this area were built in 1923 and are Class A.
Professional services is the dominant industry in this area. 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.