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: July 21, 2017

Olde Torrance Rates

Most listings are in the $30's per square foot per year. The Olde Torrance submarket is seeing 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 region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Olde Torrance Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Olde Torrance 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.

The standard measurement for office space in this area is around 2,460 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market 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