The typical asking rate per listing is in the $60's per square foot per year. The Cupertino submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Silicon Valley market, the Cupertino region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 317% of the available leases in the Cupertino 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 4,420 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1984 and are Class B.