Most listings are in the $70's per square foot per year. The Belmont submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $78 per sqft per year.
Compared to the rest of the Silicon Valley market, the Belmont submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 11 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,380 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 2000 and are Class B.