The typical asking rate per listing is in the $120's per square foot per year. The Downtown Mountain View region is seeing a an increase in rates. In the last 3 months, the median rate went up $19 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Silicon Valley market, the Downtown 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, 26 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 12% of the listings in the Downtown Mountain View 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.
Even though the median size is 8,400 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1966 and are Class B.
Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Mountain View folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.