Grant Park Commercial Real Estate

960 E Green St - 5 Spaces Pasadena, CA This listing is a full service lease.
Aug 11
780 - 2,820
sqft
Medical
960 E Green St - 6 Spaces Pasadena, CA This listing is a full service lease.
Aug 11
750 - 2,380
sqft
Medical
44 S Mentor Ave - Space South Lake, Pasadena, CA  
Aug 09
4,700
sqft
Office

Grant Park

Market Report

Number of Listings
Posted in the last 90 days
20
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
1,620

Grant Park Rates

The typical asking rate per listing is in the $50's per square foot per year. The Grant Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Grant Park region has higher rates, and you'll need to pay a premium to be in this hot region.

Grant Park Listing Supply

In the last 90 days, 177 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Grant Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most properties in this market are around 4 stories. Most buildings in this market were built in 1967 and are Class B.

Grant Park Community

A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Grant Park residents. Commuting approximately 30 minutes 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 Grant Park.
Research