On average, listings lease in the $90's per square foot per year. The Central Mountain View region is going through a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Silicon Valley market, the Central Mountain View submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Central Mountain View are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,330 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the occupants of Central Mountain View work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.