Staumbaugh-Heller Commercial Real Estate

Staumbaugh-Heller

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
8,320

Staumbaugh-Heller Rates

Most listings are in the $50's per square foot per year. The Staumbaugh-Heller region is going through a decrease in rates. In the last 3 months, the median rate fell $43 per sqft per year. That's a 43% decrease in rent.

Compared to the rest of the Silicon Valley market, the Staumbaugh-Heller submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Staumbaugh-Heller Listing Supply

In the last 90 days, 37 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Staumbaugh-Heller are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 8,320 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1970 and are Class B.

Staumbaugh-Heller Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Staumbaugh-Heller folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Staumbaugh-Heller.
Research