The typical asking rate per listing is in the $30's per square foot per year. The Commerce submarket is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Commerce region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 148 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Commerce are subleases, so you will probably have to consider a longer term 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 2,490 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1965 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the occupants of Commerce work from home. Commuting between 30 and 45 minutes 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 Commerce.
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