The typical asking rate per listing is in the $120's per square foot per year. The Old Mountain View submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $31 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the Silicon Valley market, the Old Mountain View region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 27 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Old Mountain View 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,200 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Old Mountain View residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.