The typical asking rate per listing is in the $30's per square foot per year. The Central-Downtown Fremont submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the East Bay market, the Central-Downtown Fremont region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 20 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the Central-Downtown Fremont are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,360 sqft. Most buildings in this area are approximately 2 floors. 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 folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.