On average, listings lease in the $40's per square foot per year. The Serra region is experiencing a a rise in rates. In the last 3 months, the median rate rose $48 per sqft per year.
Compared to the rest of the Silicon Valley market, the Serra submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Serra 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,840 sqft. Most buildings in this area were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Serra folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.