The typical asking rate per listing is in the $40's per square foot per year. The Oyster Point submarket is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Silicon Valley market, the Oyster Point submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 8 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Oyster Point 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 2,790 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this area were built in 2003 and are Class A.
Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Oyster Point residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.