Central San Jose Industrial

Central San Jose

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,360
As of: May 21, 2017

Central San Jose Rates

On average, listings lease in the $40's per square foot per year. The Central San Jose submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Silicon Valley market, the Central San Jose submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Central San Jose Listing Supply

In the last 90 days, 53 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the listings in the Central San Jose are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,360 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1974 and are Class B.

Central San Jose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central San Jose folk. Commuting close to 15 minutes 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 Central San Jose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central San Jose.
Research