Palms Commercial Real Estate

10601 Washington Blvd - 9 Spaces Palms, Los Angeles, CA This listing is a nnn lease.
May 13
1,050 - 2,700
sqft
Retail Mixed Use Restaurant

Palms

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
5,700

Palms Rates

On average, listings lease in the $20's per square foot per year. The Palms submarket is going through a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 26% decline in rent.

Palms Listing Supply

In the last 90 days, 92 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Palms are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 14,920 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1980 and are Class B.

Palms Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Palms folk. Commuting close to 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 Palms.
Research