Monterey Park Office Space

Monterey Park

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,640
As of: June 22, 2017

Monterey Park Rates

Most listings are in the $40's per square foot per year. The Monterey Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $43 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Monterey Park submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Monterey Park Listing Supply

In the last 90 days, 7 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 143% of the available space in the Monterey Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,640 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1982 and are Class A.

Monterey Park Community

Market Report

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

Market Data

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

Monterey Park Submarkets