The typical asking rate per listing is in the $40's per square foot per year. The Los Gatos region is experiencing a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Silicon Valley market, the Los Gatos submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,760 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1982 and are Class B.