Miramonte-Springer Office Space

Miramonte-Springer

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$109
Median Size (sqft)
6,810
As of: January 19, 2017

Miramonte-Springer Rates

On average, listings lease in the $100's per square foot per year. The Miramonte-Springer region is going through a a boost in rates. In the last 3 months, the median rate went up $53 per sqft per year. That's a 96% rise in rent.

Compared to the rest of the Silicon Valley market, the Miramonte-Springer region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Miramonte-Springer Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces most likley are 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,810 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1974 and are Class A.

Miramonte-Springer Community

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 area. Commute by walking is the most popular way to get to work amongst Miramonte-Springer occupants. Commuting around 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 Miramonte-Springer.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Miramonte-Springer.
Research