The typical asking rate per listing is in the $30's per square foot per year. The Central Fremont submarket is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the East Bay market, the Central Fremont region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 20 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available space in the Central Fremont are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,360 sqft. Most properties in this market are approximately 2 floors. 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. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Central Fremont occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.