On average, listings lease in the $10's per square foot per year. The South Palm Desert submarket is going through 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 South Palm Desert region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 50 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the South Palm Desert are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 measurement for office space in this area is around 1,170 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1980 and are Class Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Palm Desert folk. Commuting between 30 and 45 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 South Palm Desert.
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