The typical asking rate per listing is in the $30's per square foot per year. The Central-Downtown Fremont submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the East Bay market, the Central-Downtown Fremont region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 22 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the Central-Downtown Fremont are subleases, so you will probably have to focus your search on direct office leases. 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 1,980 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central-Downtown Fremont folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.