On average, listings lease in the $30's per square foot per year. The Central Fremont region is going through a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the East Bay market, the Central Fremont submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 20 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Central Fremont are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,360 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region 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. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Fremont residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.