On average, listings lease in the $60's per square foot per year. The East Campbell submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Silicon Valley market, the East Campbell submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 263% of the available leases in the East 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 2,540 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this market were built in 1984 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. 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.