On average, listings lease in the $30's per square foot per year. The Central-Downtown Fremont region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the East Bay market, the Central-Downtown Fremont region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 19 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 16% of the available space in the Central-Downtown Fremont 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.
The standard measurement for office space in this area is around 1,660 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central-Downtown Fremont occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.