Most listings are in the $30's per square foot per year. The Pasadena Civic Center District submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 38% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Pasadena Civic Center District region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 89 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Pasadena Civic Center District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,770 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 6 stories. Most buildings in this area were built in 1928 and are Class C.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Pasadena Civic Center District occupants. Commuting between 20 and 25 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 Pasadena Civic Center District.
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