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On average, commerial real estate listings lease in the $40's per square foot per year. The Cupertino submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $5 per sqft per year.
Compared to the rest of the Silicon Valley commercial real estate market, the Cupertino region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 129 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available commercial real estate space in the Cupertino are subleases, so you will probably have to focus your search on direct leases. 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 size for office space in this area is around 710 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built around 1983 and are Class B.
Real time and historical data on commercial real estate listings in Cupertino.
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