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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Thille region is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $2 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Thille submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 41 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 640 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built around 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Thille work from home. 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 Thille.
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