On average, listings lease in the $30's per square foot per year. The Santa Fe Springs region is going through a decline in rates. In the last 3 months, the median rate fell $27 per sqft per year. That's a 45% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Santa Fe Springs region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 115 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available space in the Santa Fe Springs are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 970 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1978 and are Class A.
Real time and historical data on commercial real estate listings in Santa Fe Springs.
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