Tropico Office Space

Tropico

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,460
As of: May 22, 2017

Tropico Rates

On average, listings lease in the $40's per square foot per year. The Tropico region is going through a an increase in rates. In the last 3 months, the median rate rose $48 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Tropico submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Tropico Listing Supply

In the last 90 days, 2 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. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,460 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1960 and are Class A.

Tropico Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Tropico folk. Commuting under 5 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 Tropico.
Market Report

Market Data

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