Compared to the rest of the Silicon Valley market, the El Quito submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the El Quito 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 15,160 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst El Quito occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.