On average, listings lease in the $110's per square foot per year. The Old Mountain View submarket is going through a a boost in rates. In the last 3 months, the median rate rose $32 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Silicon Valley market, the Old Mountain View region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 11 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 64% of the available space in the Old Mountain View are subleases, so you might be able to find a shorter term or below market rent. 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 6,530 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Old Mountain View occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.