On average, listings lease in the $120's per square foot per year. The Central Mountain View region is experiencing a a boost in rates. In the last 3 months, the median rate increased $31 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Silicon Valley market, the Central Mountain View region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 27 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Central Mountain View 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,200 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the folk of Central Mountain View work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.