Staumbaugh-Heller Retail

Staumbaugh-Heller

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
8,320
As of: August 22, 2017

Staumbaugh-Heller Rates

Most listings are in the $50's per square foot per year. The Staumbaugh-Heller region is going through a decrease in rates. In the last 3 months, the median rate fell $43 per sqft per year. That's a 43% decrease in rent.

Compared to the rest of the Silicon Valley market, the Staumbaugh-Heller submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Staumbaugh-Heller Listing Supply

In the last 90 days, 8 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the office spaces in the Staumbaugh-Heller 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 posted, so finding a space for a small business might be tough.

Even though the median size is 8,320 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1970 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 market. Commute by taxi is the most popular way to get to work amongst Staumbaugh-Heller residents. Commuting around 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