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On average, commerial real estate listings lease in the $30's per square foot per year. The Fremont Park submarket is going through a decline in rates. In the last 3 months, the median rate for lease fell $6 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Fremont Park submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 commercial real estate listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,150 sqft. Most buildings in this market are close to 5 floors. Most buildings in this area were built close to 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Fremont Park occupants. Commuting more than an hour and a half 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 Fremont Park.
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