Covina Commercial Real Estate

1166 N Azusa Ave - Space Covina, Covina, CA rate negotiable
Aug 02
19,000
sqft
Office
Covina's Sub Markets

Covina

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
6,570

Covina Rates

Most listings are in the $30's per square foot per year. The Covina submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 63% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Covina submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Covina Listing Supply

In the last 90 days, 126 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Covina 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1980 and are Class B.

Covina Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Covina residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Covina.
Research