Most listings are in the $70's per square foot per year. The Belmont region is going through a an increase in rates. In the last 3 months, the median rate went up $78 per sqft per year.
Compared to the rest of the Silicon Valley market, the Belmont submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 26 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,380 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 2000 and are Class B.
Real time and historical data on commercial real estate listings in Belmont.
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