On average, listings lease in the $30's per square foot per year. The Inglewood region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Inglewood region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 172 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Inglewood 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 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 1,400 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1973 and are Class B.
Real time and historical data on commercial real estate listings in Inglewood.
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