The typical asking rate per listing is in the $50's per square foot per year. The East Campbell submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 24% decline in rent.
Compared to the rest of the Silicon Valley market, the East Campbell region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the East Campbell 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.
Even though the median size is 9,480 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this region were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst East Campbell residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.