On average, listings lease in the $40's per square foot per year. The Rose Garden region is going through a an increase in rates. In the last 3 months, the median rate rose $43 per sqft per year.
Compared to the rest of the Silicon Valley market, the Rose Garden region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 21 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 180 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1972 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 area. Commute by walking is the most popular way to get to work amongst Rose Garden occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Rose Garden.
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