The typical asking rate per listing is in the $90's per square foot per year. The Evergreen Park submarket is going through a an increase in rates. In the last 3 months, the median rate rose $94 per sqft per year.
Compared to the rest of the Silicon Valley market, the Evergreen Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 163% of the office spaces in the Evergreen Park are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1978 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 market. Commute by car is the most popular way to get to work amongst Evergreen Park occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.