Sierra Point Office Space

Sierra Point

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,700
As of: June 23, 2017

Sierra Point Rates

The typical asking rate per listing is in the $40's per square foot per year. The Sierra Point submarket is going through a a boost in rates. In the last 3 months, the median rate increased $47 per sqft per year.

Compared to the rest of the Silicon Valley market, the Sierra Point submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Sierra Point Listing Supply

In the last 90 days, 5 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 140% of the listings in the Sierra Point 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 17,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 5 floors. Most buildings in this region were built in 1989 and are Class A.

Sierra Point Community

Public administration is the dominant industry in this region. Most of the folk of Sierra Point work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Sierra Point.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sierra Point.
Research

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