On average, listings lease in the $120's per square foot per year. The Downtown Mountain View submarket is going through a a rise in rates. In the last 3 months, the median rate went up $19 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Silicon Valley market, the Downtown Mountain View submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 26 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the available space in the Downtown Mountain View are subleases, so you might be able to find a shorter term or below market rent. 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 8,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1966 and are Class B.
Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Mountain View occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.