The typical asking rate per listing is in the $50's per square foot per year. The Monta Loma-Farley-Rock submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Silicon Valley market, the Monta Loma-Farley-Rock submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,680 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1970 and are Class B.
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 market. 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.