On average, listings lease in the $20's per square foot per year. The Cayuga region is seeing a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% increase in rent.
Compared to the rest of the Bay Area market, the Cayuga region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 27 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 750 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1951 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the occupants of Cayuga 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.
Real time and historical data on commercial real estate listings in Cayuga.
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