The typical asking rate per listing is in the $70's per square foot per year. The Staumbaugh-Heller submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Silicon Valley market, the Staumbaugh-Heller region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been listed, which means listings most likley are 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 12,720 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Staumbaugh-Heller occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.