The typical asking rate per listing is in the $50's per square foot per year. The Staumbaugh-Heller region is going through a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Silicon Valley market, the Staumbaugh-Heller region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 11 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 36% of the office spaces in the Staumbaugh-Heller 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,460 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Staumbaugh-Heller folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.