143 2nd St - office in San Francisco, CA
Office

143 2nd St

San Francisco, CA 94105

Price

Price on request

Description

Commercial property listing from JLL. Property: 143 2nd St.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

San Francisco, CA 94105

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the San Francisco office market showed a 30.3% vacancy rate, average asking rents near $68.38/SF/yr, rents up 30.2% year over year, and cap rates around 6.6%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence
Projected asking rent
$68.38/SF/yr
Estimated sale value
$361–$469/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.6%, asking rent held flat).

View the full San Francisco Office market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in San Francisco, CA to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in San Francisco?
About 6.6% as of Q1 2026, per multiple brokerages.
Is the San Francisco office market tightening or softening?
Vacancy is around 30.3%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence
$3.49/SF/mo-$4.73/SF/mo
Mid: $4.11/SF/mo

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

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26$0$20$40$60$800%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Demographics

Census ACS 2024
Population830,235
Median Income$141k↑ 89%
College Educated51.6%↑ 18.2pp
Median Age40.0 yrs
Median Home Value$1395k
Unemployment6.1%↑ 2.5pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in San Francisco, CA

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