Monterey Industrial

Monterey

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,690
As of: June 25, 2017

Monterey Rates

Most listings are in the $20's per square foot per year. The Monterey region is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Monterey Listing Supply

In the last 90 days, 19 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 37% of the office spaces in the Monterey 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1984 and are Class A.

Monterey Community

Market Report

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

Market Data

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