Neighborhood 2 Retail

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Neighborhood 2

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
840
As of: August 17, 2017

Neighborhood 2 Rates

Compared to the rest of the Silicon Valley market, the Neighborhood 2 region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Neighborhood 2 Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Neighborhood 2 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 840 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.

Neighborhood 2 Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Neighborhood 2 work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Neighborhood 2.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Neighborhood 2.
Research