The typical asking rate per listing is in the $50's per square foot per year. The Central Campbell region is going through a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Silicon Valley market, the Central Campbell region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Central Campbell 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.
Even though the median size is 3,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Central Campbell folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.