Central San Jose Office Space

Central San Jose

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
2,950
As of: December 6, 2016

Central San Jose Rates

The typical asking rate per listing is in the $40's per square foot per year. The Central San Jose submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 20% increase in rent.

Compared to the rest of the Silicon Valley market, the Central San Jose region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Central San Jose Listing Supply

In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Central San Jose are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1974 and are Class B.

Central San Jose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central San Jose residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central San Jose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central San Jose.
Research