The typical asking rate per listing is in the $60's per square foot per year. The Sorrento region is seeing a a rise in rates. In the last 3 months, the median rate increased $70 per sqft per year.
In the last 90 days, 3 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 56,970 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region were built in 1990 and are Class C.
Real time and historical data on commercial real estate listings in Sorrento.
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