On average, listings lease in the $70's per square foot per year. The West Murphy region is experiencing a a boost in rates. In the last 3 months, the median rate went up $79 per sqft per year.
Compared to the rest of the Silicon Valley market, the West Murphy region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 27,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst West Murphy folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.