Moreno Valley Industrial

1,388,210 First Nandina Logistics Center Space
Moreno Valley, Moreno Valley, CA

Moreno Valley

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
570
As of: June 23, 2017

Moreno Valley Rates

On average, listings lease in the $10's per square foot per year. The Moreno Valley region is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Moreno Valley submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Moreno Valley Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the listings in the Moreno Valley 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 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 570 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1989 and are Class B.

Moreno Valley Community

Market Report

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

Market Data

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

Moreno Valley Submarkets