The typical asking rate per listing is in the $60's per square foot per year. The Cupertino submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $63 per sqft per year.
Compared to the rest of the Silicon Valley market, the Cupertino region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Cupertino 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.
The standard measurement for office space in this area is around 1,910 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1984 and are Class B.