Most listings are in the $60's per square foot per year. The Hayward Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Silicon Valley market, the Hayward Park submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 14 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 21% of the office spaces 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 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 2,120 sqft. Most properties in this market are approximately 4 stories. Most buildings in this market were built in 1975 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 region. 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.