On average, listings lease in the $50's per square foot per year. The Monta Vista region is going through a a boost in rates. In the last 3 months, the median rate increased $51 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Silicon Valley market, the Monta Vista submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been listed, which means new listings might be leasing quickly. 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.
The standard measurement for office space in this area is around 590 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market 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. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Monta Vista residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.