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Most commerial real estate listings for lease are in the $30's per square foot per year. The La Palma region is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $40 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the La Palma submarket has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 39 commercial real estate listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 5% of the available commercial real estate space in the La Palma are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,740 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built approximately 1989 and are Class A.
Real time and historical data on commercial real estate listings in La Palma.
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