On average, listings lease in the $0's per square foot per year. The East of 101 submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $27 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 7 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 57% of the office spaces in the East of 101 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,780 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1983 and are Class A.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst East of 101 folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.