Cupertino Office Space

Cupertino

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
5,100
As of: May 22, 2017

Cupertino Rates

The typical asking rate per listing is in the $60's per square foot per year. The Cupertino region is experiencing a a boost in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Silicon Valley market, the Cupertino region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Cupertino Listing Supply

In the last 90 days, 6 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Cupertino 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1984 and are Class B.

Cupertino Community

Market Report

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

Market Data

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

Cupertino Submarkets