Most listings are in the $10's per square foot per year. The Moreno Valley submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Moreno Valley region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the available leases in the Moreno Valley 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 570 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Moreno Valley occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Moreno Valley.
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