Most listings are in the $60's per square foot per year. The Moffett-Whisman region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Silicon Valley market, the Moffett-Whisman submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 23 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the Moffett-Whisman 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Moffett-Whisman residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.