On average, listings lease in the $60's per square foot per year. The Hayward Park region is seeing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Silicon Valley market, the Hayward Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 18 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the Hayward Park 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.
The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this region are close to 4 floors. Most buildings in this region were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Hayward Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.