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Most commerial real estate listings for lease are in the $40's per square foot per year. The San Marino region is seeing a a boost in rates. In the last 3 months, the median rate for lease increased $4 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the San Marino submarket has higher rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 13 commercial real estate listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,050 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built around 1941 and are Class C.
Real time and historical data on commercial real estate listings in San Marino.
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