Most listings are in the $130's per square foot per year. The Downtown Manhattan Beach region is seeing a a rise in rates. In the last 3 months, the median rate increased $135 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Manhattan Beach region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means listings might be 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Manhattan Beach folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.