Neighborhood 2 Office Space

Neighborhood 2

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
840

Compared to the rest of the Silicon Valley market, the Neighborhood 2 submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Neighborhood 2 Listing Supply

In the last 90 days, 5 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Neighborhood 2 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 840 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1978 and are Class A.

Neighborhood 2 Community

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. Most of the folk of Neighborhood 2 work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Neighborhood 2.
Research