On average, listings lease in the $60's per square foot per year. The Los Gatos region is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a 34% rise in rent.
Compared to the rest of the Silicon Valley market, the Los Gatos submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,340 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1982 and are Class B.