Staumbaugh-Heller Retail

Staumbaugh-Heller

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
12,720
As of: December 10, 2016

Staumbaugh-Heller Rates

Most listings are in the $30's per square foot per year. The Staumbaugh-Heller submarket is going through a decline in rates. In the last 3 months, the median rate fell $40 per sqft per year. That's a 50% decrease in rent.

Compared to the rest of the Silicon Valley market, the Staumbaugh-Heller submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Staumbaugh-Heller Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Staumbaugh-Heller 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 available, so finding a space for a small business might be tough.

Even though the median size is 12,720 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1975 and are Class B.

Staumbaugh-Heller Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Staumbaugh-Heller folk. Commuting approximately 15 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 Staumbaugh-Heller.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Staumbaugh-Heller.
Research