On average, listings lease in the $30's per square foot per year. The Diamond Bar submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Diamond Bar region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 131 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the listings in the Diamond Bar are subleases, so you might be able to snag a great spot on a short term. 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 2,240 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Diamond Bar occupants. Commuting approximately 10 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 Diamond Bar.
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