Most listings are in the $60's per square foot per year. The Monta Loma-Farley-Rock region is going through a a boost in rates. In the last 3 months, the median rate went up $63 per sqft per year.
Compared to the rest of the Silicon Valley market, the Monta Loma-Farley-Rock region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Monta Loma-Farley-Rock are subleases, so you might be able to snag a great spot on a short term. 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 2,500 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1970 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Monta Loma-Farley-Rock residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.