North Beach Sublease

North Beach

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
4,030
As of: May 21, 2017

North Beach Rates

Most listings are in the $60's per square foot per year. The North Beach submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the Bay Area market, the North Beach submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

North Beach Listing Supply

In the last 90 days, 27 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 30% of the available space in the North Beach are subleases, so you might be able to snag a great spot on a short term. 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 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1908 and are Class B.

North Beach Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst North Beach occupants. Commuting between 20 and 25 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 North Beach.
Market Report

Market Data

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