On average, listings lease in the $30's per square foot per year. The Los Altos region is going through a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Los Altos submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means new availabilities 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this market were built in 1954.
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 public transit is the most popular way to get to work amongst Los Altos occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.