Compared to the rest of the Silicon Valley market, the East Murphy region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the East Murphy 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 1,070 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst East Murphy residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.