Moffett-Whisman Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Moffett-Whisman Rates

On average, listings lease in the $60's per square foot per year. The Moffett-Whisman region is seeing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 13% rise in rent.

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

Moffett-Whisman Listing Supply

In the last 90 days, 7 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the listings in the Moffett-Whisman 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.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1980 and are Class B.

Moffett-Whisman Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Moffett-Whisman residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.