The typical asking rate per listing is in the $60's per square foot per year. The Moffett-Whisman submarket is going through a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Silicon Valley market, the Moffett-Whisman submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 148 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Moffett-Whisman are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Moffett-Whisman folk. Commuting between 30 and 45 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 Moffett-Whisman.
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