Most listings are in the $50's per square foot per year. The Lincoln submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $27 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the Silicon Valley market, the Lincoln submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the available leases in the Lincoln 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 posted, so finding a space for a small business might be tough.
Even though the median size is 8,090 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 6 floors. Most buildings in this region were built in 1999 and are Class A.
Public administration is the dominant industry in this area. Most of the folk of Lincoln 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.