On average, listings lease in the $60's per square foot per year. The Los Gatos region is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Silicon Valley market, the Los Gatos region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,340 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1982 and are Class B.