On average, listings lease in the $40's per square foot per year. The Oyster Point submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $50 per sqft per year.
Compared to the rest of the Silicon Valley market, the Oyster Point region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 8 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 175% of the listings in the Oyster Point 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this region were built in 2003 and are Class A.
Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Oyster Point occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.