The typical asking rate per listing is in the $40's per square foot per year. The Placentia submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Placentia submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 58 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Placentia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,190 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Placentia.
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