Most listings are in the $20's per square foot per year. The Redondo Beach region is seeing a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Redondo Beach submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 35 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Redondo Beach 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 posted, so finding a space for a small business might be tough.
Even though the median size is 41,270 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1981 and are Class A.
Real time and historical data on commercial real estate listings in Redondo Beach.
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