East Murphy Sublease

East Murphy

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,070
As of: March 11, 2017

East Murphy Rates

Compared to the rest of the Silicon Valley market, the East Murphy region has more expensive rates, and you'll need to pay a premium to be in this hot region.

East Murphy Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the East Murphy 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,070 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1981 and are Class B.

East Murphy Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst East Murphy residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in East Murphy.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East Murphy.
Research