The typical asking rate per listing is in the $30's per square foot per year. The Central-Downtown Fremont submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $38 per sqft per year.
Compared to the rest of the East Bay market, the Central-Downtown Fremont submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 19 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the available space in the Central-Downtown Fremont 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 5,470 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1983 and are Class B.
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 market. Commute by public transit is the most popular way to get to work amongst Central-Downtown Fremont residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.