The typical asking rate per listing is in the $90's per square foot per year. The Manhattan Beach submarket is going through a an increase in rates. In the last 3 months, the median rate went up $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 greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 85 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available leases in the Manhattan Beach 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 posted, 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 buildings in this region are around 4 stories. Most buildings in this area 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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