Central San Jose Sublease

Central San Jose

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
4,160
As of: August 17, 2017

Central San Jose Rates

On average, listings lease in the $50's per square foot per year. The Central San Jose submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Silicon Valley market, the Central San Jose region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Central San Jose Listing Supply

In the last 90 days, 53 listings have come on the market, so you'll want to check back regularly for new listings. About 102% of the listings in the Central San Jose are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,280 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1974 and are Class B.

Central San Jose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central San Jose folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central San Jose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central San Jose.
Research