The typical asking rate per listing is in the $40's per square foot per year. The Downtown San Jose region is seeing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Silicon Valley market, the Downtown San Jose region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 65 listings have come on the market, so you'll want to check back regularly for new listings. About 15% of the available leases in the Downtown San Jose 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 3,210 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 6 floors. Most buildings in this area were built in 1978 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. Most of the residents of Downtown San Jose work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.