The typical asking rate per listing is in the $50's per square foot per year. The El Segundo submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the El Segundo region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 374 listings have been posted online, so you'll want to check back regularly for new listings. About 17% of the listings in the El Segundo 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.
Even though the median size is 3,010 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1980 and are Class A.
Real time and historical data on commercial real estate listings in El Segundo.
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