Most listings are in the $30's per square foot per year. The Lafayette region is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the East Bay market, the Lafayette region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 21 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Lafayette are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1979 and are Class B.