The typical asking rate per listing is in the $90's per square foot per year. The Manhattan Beach region is experiencing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year. That's a 41% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Manhattan Beach submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 85 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available space in the Manhattan Beach are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,720 sqft. Most properties in this market are approximately 4 floors. Most buildings in this market were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Manhattan Beach.
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