The typical asking rate per listing is in the $40's per square foot per year. The Rose Garden submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Silicon Valley market, the Rose Garden region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 770 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Rose Garden residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.