Most listings are in the $40's per square foot per year. The Potrero Hill submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 24% decrease in rent.
Compared to the rest of the Bay Area market, the Potrero Hill submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 28,220 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the occupants of Potrero Hill work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.