Monterey Office Space

Monterey

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,700
As of: March 30, 2017

Monterey Rates

The typical asking rate per listing is in the $20's per square foot per year. The Monterey region is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 10% increase in rent.

Monterey Listing Supply

In the last 90 days, 34 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,700 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1984 and are Class A.

Monterey Community

Market Report

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

Market Data

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