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South Pasadena Medical Space For Lease

South Pasadena

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
670

South Pasadena Commercial Real Estate

Find South Pasadena commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a South Pasadena commercial real estate broker in South Pasadena's Top Broker Directory. Learn about South Pasadena commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

South Pasadena Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The South Pasadena submarket is seeing a decline in rates. In the last 3 months, the median rate for lease decreased $8 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the South Pasadena submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

South Pasadena Listing Supply

In the last 90 days, 52 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate leases in the South Pasadena are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 670 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built close to 1940 and are Class B.

South Pasadena Community

Market Data

Real time and historical data on commercial real estate listings in South Pasadena.
Research