Serramonte Industrial

We couldn't find any industrial spaces for Lease and Sublease

Serramonte

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
6,390
As of: February 27, 2017

Serramonte Rates

On average, listings lease in the $60's per square foot per year. The Serramonte region is going through a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 18% rise in rent.

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

Serramonte Listing Supply

In the last 90 days, 2 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Serramonte are subleases, so you might be able to snag a great spot on a short term. 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 6,390 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 5 floors. Most buildings in this area were built in 1980 and are Class B.

Serramonte Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Serramonte folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Serramonte.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Serramonte.
Research