The typical asking rate per listing is in the $30's per square foot per year. The East of 101 submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $31 per sqft per year.
Compared to the rest of the Silicon Valley market, the East of 101 region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 9,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1983 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst East of 101 residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.