Central San Jose Sublease

Central San Jose

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
2,740
As of: February 24, 2017

Central San Jose Rates

On average, listings lease in the $40's per square foot per year. The Central San Jose region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Silicon Valley market, the Central San Jose region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central San Jose Listing Supply

In the last 90 days, 47 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the Central San Jose are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,640 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1975 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 region. Commute by car is the most popular way to get to work amongst Central San Jose occupants. Commuting around 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