Waterfront Plaza — Lease in San Francisco, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Francisco, CA 94133

Description

Market Context

This office in San Francisco, CA is listed for lease. It has been on the market for 2 days. Compare it against other office listings for lease in San Francisco, CA — view the full market.

As of Q1 2026, the San Francisco office market showed a 30.3% vacancy rate, average asking rents near $68.38/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

What is the typical cap rate for office in San Francisco?
About 6.6% as of Q1 2026, per multiple brokerage reports.
Is the San Francisco office market tightening or softening?
Vacancy is around 30.3% (Q1 2026).

Estimated Market Rate

$3.49/SF/mo – $4.73/SF/mo

Mid: $4.11/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Explore this market

Similar Office for Lease in San Francisco, CA