The typical asking rate per listing is in the $60's per square foot per year. The Saratoga region is going through a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Silicon Valley market, the Saratoga submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 55 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Saratoga 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 9,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1981 and are Class A.
Real time and historical data on commercial real estate listings in Saratoga.
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