On average, listings lease in the $120's per square foot per year. The Old Mountain View region is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Silicon Valley market, the Old Mountain View region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 111 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the office spaces in the Old Mountain View are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Old Mountain View occupants. Commuting close to 20 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 Old Mountain View.
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