The typical asking rate per listing is in the $50's per square foot per year. The Downtown Campbell submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Silicon Valley market, the Downtown Campbell region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Downtown Campbell are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,930 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1990 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Downtown Campbell folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.