On average, listings lease in the $60's per square foot per year. The Hayward Park region is experiencing a an increase in rates. In the last 3 months, the median rate rose $63 per sqft per year.
Compared to the rest of the Silicon Valley market, the Hayward Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 30 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 80% of the available space in the Hayward Park 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.
The standard measurement for office space in this area is around 2,150 sqft. Most properties in this market are around 5 stories. Most buildings in this region were built in 1975 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Hayward Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.