On average, listings lease in the $30's per square foot per year. The Central San Pedro submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $36 per sqft per year.
In the last 90 days, 88 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Central San Pedro are subleases, so you will probably have to consider a longer term lease. 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 12,090 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1965 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central San Pedro folk. Commuting approximately an hour 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 Central San Pedro.
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