On average, listings lease in the $150's per square foot per year. The Southwest San Francisco submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $132 per sqft per year. That's a 506% increase in rent.
Compared to the rest of the Bay Area market, the Southwest San Francisco submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 20 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1933 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Southwest San Francisco work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.