Monrovia Industrial

Monrovia

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,120
As of: July 26, 2017

Monrovia Rates

Most listings are in the $30's per square foot per year. The Monrovia submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 4% decline in rent.

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

Monrovia Listing Supply

In the last 90 days, 5 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 60% of the listings in the Monrovia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,120 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1982 and are Class B.

Monrovia Community

Market Report

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

Market Data

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

Monrovia Submarkets