Monterey Industrial

1514 Moffett St - 3 Spaces Salinas, CA can be combined with Suite E
Sep 19
1,000 - 1,800
sqft
Industrial Office
590 Work St - Space Salinas, CA office and loading dock possible
Sep 19
9,000
sqft
Industrial

Monterey

Market Report

Number of Listings
Posted in the last 90 days
36
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,740

Monterey Rates

Most listings are in the $20's per square foot per year. The Monterey region is experiencing a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 40% increase in rent.

Monterey Listing Supply

In the last 90 days, 323 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Monterey are subleases, so you will probably have to focus your search on direct office leases. 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 2,080 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1979 and are Class A.

Monterey Community

Market Data

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