Manhattan Beach Office Space

Manhattan Beach

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
2,930
As of: December 3, 2016

Manhattan Beach Rates

The typical asking rate per listing is in the $50's per square foot per year. The Manhattan Beach submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Manhattan Beach submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Manhattan Beach Listing Supply

In the last 90 days, 5 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Manhattan Beach 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 2,930 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 6 floors. Most buildings in this area were built in 1985 and are Class B.

Manhattan Beach Community

Market Report

Trends and status of the commercial real estate market in Manhattan Beach.
Market Report

Market Data

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