Redondo Beach Industrial

Redondo Beach

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
41,270
As of: May 25, 2017

Redondo Beach Rates

The typical asking rate per listing is in the $20's per square foot per year. The Redondo Beach submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 56% decline in rent.

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

Redondo Beach Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Redondo Beach 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 41,270 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1981 and are Class B.

Redondo Beach Community

Market Report

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

Market Data

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

Redondo Beach Submarkets