On average, listings lease in the $100'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 increased $12 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Silicon Valley market, the Downtown Mountain View submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 20 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 5% of the office spaces in the Downtown Mountain View are subleases, so you will probably have to focus your search on direct office leases. 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 10,120 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area 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 residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.