The typical asking rate per listing is in the $50's per square foot per year. The El Camino Real Gateway Corridor region is experiencing a a rise in rates. In the last 3 months, the median rate increased $54 per sqft per year.
Compared to the rest of the Silicon Valley market, the El Camino Real Gateway Corridor submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most buildings in this market are close to 5 floors. Most buildings in this area were built in 1974 and are Class C.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst El Camino Real Gateway Corridor residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.