Garden Grove Industrial

Garden Grove

Office Space Market Report

Number of Listings (last 90 days)
143
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,340
As of: August 17, 2017

Garden Grove Rates

On average, listings lease in the $30's per square foot per year. The Garden Grove region is seeing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Garden Grove submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Garden Grove Listing Supply

In the last 90 days, 17 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 71% of the office spaces in the Garden Grove 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.

The standard measurement for office space in this area is around 1,340 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1979 and are Class B.

Garden Grove Community

Market Report

Trends and status of the commercial real estate market in Garden Grove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Garden Grove.
Research