On average, listings lease in the $70's per square foot per year. The Northeast San Francisco region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Bay Area market, the Northeast San Francisco submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 329 listings have come on the market, so you'll want to check back regularly for new listings. About 101% of the office spaces in the Northeast San Francisco 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 3,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this region were built in 1912 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Northeast San Francisco work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.