On average, listings lease in the $50's per square foot per year. The El Segundo submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $51 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the El Segundo region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 60 listings have been listed, so you'll want to check back regularly for new listings. About 65% of the listings in the El Segundo 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.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1982 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst El Segundo occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.