Central San Pedro Office Space

Central San Pedro

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
2,310
As of: March 12, 2017

Central San Pedro Rates

The typical asking rate per listing is in the $30's per square foot per year. The Central San Pedro submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 35% decrease in rent.

Central San Pedro Listing Supply

In the last 90 days, 22 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Central San Pedro are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,310 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1965 and are Class A.

Central San Pedro Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central San Pedro residents. Commuting approximately an hour 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 Central San Pedro.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central San Pedro.
Research