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Compared to the rest of the Silicon Valley commercial real estate market, the East Murphy submarket has greater rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 93 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available commercial real estate space in the East Murphy are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,050 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built around 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. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst East Murphy occupants. Commuting under 5 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 East Murphy.
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