On average, listings lease in the $30's per square foot per year. The Central-Downtown Fremont submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the East Bay market, the Central-Downtown Fremont submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 19 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available space in the Central-Downtown Fremont are subleases, so you might be able to snag a great spot on a short term. 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 3,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1983 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 area. Commute by public transit is the most popular way to get to work amongst Central-Downtown Fremont folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.