West Murphy Commercial Real Estate

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321 Soquel Way - Space West Murphy, Sunnyvale, CA  
Sep 14
7,960
sqft
Sublease Industrial Office

West Murphy

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
150,000

West Murphy Rates

The typical asking rate per listing is in the $70's per square foot per year. The West Murphy submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $19 per sqft per year. That's a 32% rise in rent.

Compared to the rest of the Silicon Valley market, the West Murphy region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

West Murphy Listing Supply

In the last 90 days, 65 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the West Murphy are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 150,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1979 and are Class A.

West Murphy Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst West Murphy folk. Commuting approximately 30 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 West Murphy.
Research