El Segundo Industrial

El Segundo

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,350
As of: September 27, 2016

El Segundo Rates

The typical asking rate per listing is in the $40's per square foot per year. The El Segundo region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the El Segundo region has greater rates, and you'll need to make a great offer to be in this hot submarket.

El Segundo Listing Supply

In the last 90 days, 25 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 16% of the listings in the El Segundo are subleases, so you might be able to snag a great spot on a short term. 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 2,350 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1982 and are Class A.

El Segundo Community

El Segundo Submarkets