Monta Loma-Farley-Rock Commercial Real Estate

960 San Antonio Rd - Floor 1 Monta Loma-Farley-Rock, Palo Alto, CA  
Sep 05
3,500
sqft
Sublease Office

Monta Loma-Farley-Rock

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
3,500

Monta Loma-Farley-Rock Rates

On average, listings lease in the $60's per square foot per year. The Monta Loma-Farley-Rock submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Silicon Valley market, the Monta Loma-Farley-Rock submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Monta Loma-Farley-Rock Listing Supply

In the last 90 days, 71 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Monta Loma-Farley-Rock are subleases, so you will probably have to focus your search on direct office leases. 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 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1968 and are Class B.

Monta Loma-Farley-Rock Community

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 region. Commute by motorcycle is the most popular way to get to work amongst Monta Loma-Farley-Rock folk. Commuting between 30 and 45 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 Monta Loma-Farley-Rock.
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