Montbello Industrial

Montbello

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
4,100
As of: June 26, 2017

Montbello Rates

On average, listings lease in the $20's per square foot per year. The Montbello region is experiencing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Montbello Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Montbello 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1982 and are Class B.

Montbello Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Montbello occupants. Commuting close to 30 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 Montbello.
Market Report

Market Data

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