On average, listings lease in the $10's per square foot per year. The Loma Del Rey submarket is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 36 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Loma Del Rey 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 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 1,600 sqft. Most properties in this area are close to 1 stories. Most buildings in this region were built in 0 and are Class Class B.
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 area. Commute by motorcycle is the most popular way to get to work amongst Loma Del Rey 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 Loma Del Rey.
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