Monterey Park Industrial

Monterey Park

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,640
As of: June 23, 2017

Monterey Park Rates

On average, listings lease in the $40's per square foot per year. The Monterey Park region is experiencing a a boost in rates. In the last 3 months, the median rate went up $43 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Monterey Park submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Monterey Park Listing Supply

In the last 90 days, 7 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 143% of the available leases in the Monterey Park 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.

Even though the median size is 2,640 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1982 and are Class A.

Monterey Park Community

Market Report

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

Market Data

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

Monterey Park Submarkets