The typical asking rate per listing is in the $70's per square foot per year. The Lincoln region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Silicon Valley market, the Lincoln submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 9,860 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 6 stories. Most buildings in this market were built in 1999 and are Class A.
Public administration is the dominant industry in this market. Most of the residents 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.