Olde Torrance Industrial

Olde Torrance

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,460
As of: June 23, 2017

Olde Torrance Rates

Most listings are in the $30's per square foot per year. The Olde Torrance region is going through a an increase in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Olde Torrance submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Olde Torrance Listing Supply

In the last 90 days, 4 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 175% of the available space in the Olde Torrance 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.

The standard measurement for office space in this area is around 2,460 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1985 and are Class A.

Olde Torrance Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Olde Torrance residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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