The typical asking rate per listing is in the $50's per square foot per year. The Hayward Park region is going through a a boost in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Silicon Valley market, the Hayward Park region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Hayward Park are subleases, so you might be able to sign a shorter term by taking over a previous 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 1,860 sqft. Most properties in this region are around 4 stories. Most buildings in this region were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hayward Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.