On average, listings lease in the $100's per square foot per year. The Downtown Mountain View submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Silicon Valley market, the Downtown Mountain View region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 20 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Downtown Mountain View are subleases, so you will probably have to consider a longer term 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.
Even though the median size is 10,120 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1966 and are Class B.
Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Mountain View residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.