On average, listings lease in the $30's per square foot per year. The Santa Fe Springs submarket is going through a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 43% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Santa Fe Springs region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 115 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Santa Fe Springs 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.
The standard measurement for office space in this area is around 1,020 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the residents of Santa Fe Springs work from home. Commuting close to 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 Santa Fe Springs.
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