Most listings are in the $50's per square foot per year. The Monta Loma-Farley-Rock submarket is going through a a rise in rates. In the last 3 months, the median rate rose $57 per sqft per year.
Compared to the rest of the Silicon Valley market, the Monta Loma-Farley-Rock submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 250% of the available leases in the Monta Loma-Farley-Rock 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.
Even though the median size is 13,650 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area were built in 1970 and are Class B.
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 region. Commute by motorcycle is the most popular way to get to work amongst Monta Loma-Farley-Rock residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.