On average, listings lease in the $0's per square foot per year. The Stanford Industrial Park submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 12 listings have been listed, which means spaces might be leasing quickly. 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.
The standard measurement for office space in this area is around 1,870 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1977 and are Class B.
Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Stanford Industrial Park residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.