On average, listings lease in the $40's per square foot per year. The El Camino Real Gateway Corridor region is experiencing a an increase in rates. In the last 3 months, the median rate increased $47 per sqft per year.
Compared to the rest of the Silicon Valley market, the El Camino Real Gateway Corridor region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the El Camino Real Gateway Corridor are subleases, so you might be able to snag a great spot on a short term. 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 540 sqft. Most properties in this area are close to 5 stories. Most buildings in this region were built in 1974 and are Class C.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst El Camino Real Gateway Corridor residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.