Gallery Row Industrial Space For Lease

Gallery Row

Market Report

Number of Listings For Lease
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,740

Gallery Row Commercial Real Estate

Find Gallery Row commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Gallery Row commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Gallery Row Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Gallery Row submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $5 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Gallery Row submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Gallery Row Listing Supply

In the last 90 days, 26 commercial real estate listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,740 sqft. Most properties in this area are approximately 10 stories. Most buildings in this area were built close to 1923 and are Class B.

Gallery Row Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Gallery Row folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Gallery Row.
Research