The typical asking rate per listing is in the $60's per square foot per year. The Cupertino submarket is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Silicon Valley market, the Cupertino region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 129 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Cupertino are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Cupertino.
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