Thousand Palms Industrial

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Thousand Palms

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
2,710
As of: September 29, 2016

Thousand Palms Office & Commercial Space

Situated within the state of California’s Riverside County, the community of Thousand Palms features a residential population of nearly 7,800 inhabitants. Located some distance away from the larger cities of California, Thousand Palms offers residents an affordable, quiet domestic experience far removed from the demands of urban living. Due to the fact that Thousand Palms is situated inland within the state, those seeking rental properties for lease here will likely be able to find both office space for rent and commercial space for rent at very competitive prices. Those hoping to lease in any one of Thousand Palms’ numerous neighborhood zones will likely find that this area offers ample room for growth and development.

Thousand Palms Economic Overview

Studies have shown that median household income levels in Thousand Palms are approximately $39,000, well below state averages. Because of this, residents living here are commonly classified within a lower-middle class income demographic. Popular occupations for residents of Thousand Palms include positions in the manufacturing, construction, and retail trade industries. The unemployment level in Thousand Palms is well above the state average, currently situated at approximately 10.5 %. This is, also, much higher than national averages, which may prove to be discouraging for those considering a relocation to the area. Nearly 10% of local families currently live below the poverty line.

Thousand Palms At A Glance

Thousand Palms is an unincorporated community, distinct in the fact that it lacks a municipal government. This particular CDP, or census designated place, is one of several small communities found throughout Riverside County at large. The population is, by and large, ethnically homogenous, with nearly 70% of the local population classified as Caucasian. That being said, various other ethnic groups can also be found here.

Where to Lease in Thousand Palms

GIven the fact that Riverside County lacks any of California’s largest cities, the residents of smaller CDP’s, such as Thousand Palms, often rely on local businesses to provide for their needs. Because of this, it is likely that business owners establishing their enterprise in any one of several neighborhood zones will be able to interact extensively with the local population. That being said, the downtown region of Thousand Palms is likely to contain the greatest concentration of commercial establishments and retail business operations.