The typical asking rate per listing is in the $20's per square foot per year. The Larkfield-Wikiup submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Bay Area market, the Larkfield-Wikiup region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,320 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1981 and are Class B.