City Center Sublease

City Center

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
810
As of: July 23, 2017

City Center Rates

Compared to the rest of the Silicon Valley market, the City Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

City Center Listing Supply

In the last 90 days, 5 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 160% of the office spaces in the City Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 810 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1984 and are Class B.

City Center Community

A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst City Center folk. Commuting under 5 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 City Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center.
Research

Cupertino Submarkets