Union Street Sublease

Union Street

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
1,400
As of: August 19, 2017

Union Street Rates

Most listings are in the $70's per square foot per year. The Union Street region is experiencing a a boost in rates. In the last 3 months, the median rate went up $73 per sqft per year.

Compared to the rest of the Bay Area market, the Union Street region has higher rates, and you'll need to make a great offer to be in this hot region.

Union Street Listing Supply

In the last 90 days, 6 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 83% of the available leases in the Union Street are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,310 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1907 and are Class C.

Union Street Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Union Street occupants. Commuting between 30 and 45 minutes 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 Union Street.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Union Street.
Research