The typical asking rate per listing is in the $0's per square foot per year. The Stanford Industrial Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 12 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,870 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1977 and are Class B.
Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Stanford Industrial Park residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.