Neighborhood 2 Retail

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Neighborhood 2

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
760
As of: March 12, 2017

Neighborhood 2 Rates

Most listings are in the $40's per square foot per year. The Neighborhood 2 region is going through a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.

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 depreciated submarket.

Neighborhood 2 Listing Supply

In the last 90 days, 1 listings have been made available, which means leases 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.

The standard measurement for office space in this area is around 760 sqft. Most buildings in this market are close to 2 stories. 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 area. Most of the folk 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