The typical asking rate per listing is in the $110's per square foot per year. The Central Mountain View region is experiencing a a rise in rates. In the last 3 months, the median rate went up $32 per sqft per year. That's a 36% increase 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 make a great offer to be in this hot region.
In the last 90 days, 11 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 64% of the available leases in the Central Mountain View 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1985 and are Class B.
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 market. Most of the residents 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.