On average, listings lease in the $40's per square foot per year. The Rose Garden region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Silicon Valley market, the Rose Garden submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 5 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 520 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Rose Garden residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.