South Coast Metro Office Space

South Coast Metro

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,920
As of: June 23, 2017

South Coast Metro Rates

On average, listings lease in the $50's per square foot per year. The South Coast Metro region is seeing a a rise in rates. In the last 3 months, the median rate went up $51 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the South Coast Metro submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

South Coast Metro Listing Supply

In the last 90 days, 15 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 107% of the listings in the South Coast Metro 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,830 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 12 stories. Most buildings in this region were built in 1984 and are Class A.

South Coast Metro Community

A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst South Coast Metro residents. Commuting close to 20 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 South Coast Metro.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Coast Metro.
Research