Description:
Daly City:
Because of its central location, diversified economy, excellent transportation links, and a growing young and productive labor force, Daly City’s future for economic growth is bright. Daly City, central to two of the Bay Area’s major job growth zones of San Francisco and San Mateo counties, has become a regional hub for retail, healthcare and small business. These businesses have found it an advantage to find
commercial listings in Daly City.
Companies who look for spaces in Daly City also search in these neighboring cities:
San Bruno,
San Francisco, and
South San Francisco.
Office space: Among the City’s newer projects taking advantage of its central location and superior accessibility is Pacific Plaza: a 352,000 square foot, Class A, office building offering plenty of
commercial office space as well as office space leases. The Daly City Business Center is operated by the City and provides a full range of support services and amenities, with everything already in place to give your business the best possible foundation for future success.
Small office spaces can be found using
Rofo’s innovative search technology.
Retail Space: Daly City’s retail sector continues to flourish as population growth adds to the already high demand in the area. This high demand has lead to many available
commercial real estate and
commercial listings. Three major regional shopping areas are within the City: a) The Mission Street
retail corridor, which borders San Francisco; b) Serramonte Center, a 860,000 square-foot regional shopping center located on Interstate 280; and c) Westlake Shopping Center, another regional shopping center of 620,000 square feet that is currently undergoing extensive renovation. These centers offer
commercial property both for sale and for lease. Taxable retail sales are among the highest and fastest growing of all metropolitan areas in the county. In total, Daly City boasts approximately 3.1 million square feet of
commercial space.
Warehouse space: Daly City’s highway infrastructure makes transportation easy. It includes State Routes 1, 35 and 82, and Interstate 280. Interstate 280, which bisects Daly City, is a primary transportation corridor linking San Francisco with San Mateo and Santa Clara counties. This convenient of highway access makes Daly City an attractive target to find warehouse and
industrial real estate listings. San Francisco International Airport is about ten minutes away from Daly City.
Quick Market Stats:
There's roughly 900,000 square feet of
office space with a rough overall vacancy rate of 9%. The average asking rates for Class A
office space is $2.80(fs) and Class B office space is $2.50(fs) per square foot per month.