The typical asking rate per listing is in the $20's per square foot per year. The Placentia submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 46% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Placentia submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available leases in the Placentia 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,580 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Placentia.
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