Northwest San Francisco Sublease

Northwest San Francisco

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$65
Median Size (sqft)
1,530
As of: August 16, 2017

Northwest San Francisco Rates

Most listings are in the $60's per square foot per year. The Northwest San Francisco region is going through a decline in rates. In the last 3 months, the median rate decreased $76 per sqft per year. That's a 54% decline in rent.

Compared to the rest of the Bay Area market, the Northwest San Francisco submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Northwest San Francisco Listing Supply

In the last 90 days, 38 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 39% of the available space in the Northwest 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,530 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1917 and are Class B.

Northwest San Francisco Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Northwest San Francisco folk. Commuting close to an hour and a half 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 Northwest San Francisco.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest San Francisco.
Research