Compared to the rest of the Silicon Valley market, the Sierra Point submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Sierra Point are subleases, so you might be able to find a shorter term or below market rent. 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 5,710 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1989 and are Class A.
Public administration is the dominant industry in this region. Most of the occupants of Sierra Point work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.