The typical asking rate per listing is in the $70's per square foot per year. The North Point Street submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Bay Area market, the North Point Street submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the North Point Street 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,790 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of North Point Street work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.