Covina Office Space

Covina

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,600
As of: June 25, 2017

Covina Rates

On average, listings lease in the $20's per square foot per year. The Covina submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

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

Covina Listing Supply

In the last 90 days, 10 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 210% of the available space in the Covina are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1981 and are Class B.

Covina Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Covina occupants. Commuting more than an hour and a half 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 Covina.
Market Report

Market Data

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

Covina Submarkets