Moffett-Whisman Retail

Moffett-Whisman

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,800
As of: June 23, 2017

Moffett-Whisman Rates

The typical asking rate per listing is in the $60's per square foot per year. The Moffett-Whisman region is experiencing a a boost in rates. In the last 3 months, the median rate went up $63 per sqft per year.

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 submarket.

Moffett-Whisman Listing Supply

In the last 90 days, 23 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 70% of the available leases in the Moffett-Whisman 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1980 and are Class B.

Moffett-Whisman Community

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.

Market Report

Trends and status of the commercial real estate market in Moffett-Whisman.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Moffett-Whisman.
Research