On average, listings lease in the $40's per square foot per year. The El Camino Real Gateway Corridor region is going through a an increase in rates. In the last 3 months, the median rate increased $47 per sqft per year.
Compared to the rest of the Silicon Valley market, the El Camino Real Gateway Corridor submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the El Camino Real Gateway Corridor are subleases, so you might be able to find a shorter term or below market rent. 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 540 sqft. Most properties in this market are close to 5 floors. Most buildings in this region were built in 1974 and are Class C.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst El Camino Real Gateway Corridor folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.