On average, listings lease in the $40's per square foot per year. The Bayhill region is seeing a a rise in rates. In the last 3 months, the median rate went up $47 per sqft per year.
Compared to the rest of the Silicon Valley market, the Bayhill submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 0 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Bayhill 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 posted, so finding a space for a small business might be tough.
Even though the median size is 13,900 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1980 and are Class B.
Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bayhill residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.