On average, listings lease in the $40's per square foot per year. The Bayhill submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $47 per sqft per year.
Compared to the rest of the Silicon Valley market, the Bayhill submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Bayhill are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 13,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1980 and are Class B.
Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Bayhill folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.