The typical asking rate per listing is in the $10's per square foot per year. The Ocotillo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 57 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Ocotillo 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 2,610 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1972 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Ocotillo folk. Commuting around 10 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 Ocotillo.
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