Downtown Monterey Office Space

Downtown Monterey

Office Space Market Report

Number of Listings (last 90 days)
As of: October 26, 2016

Downtown Monterey Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Monterey region is experiencing a decline in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 100% decrease in rent.

Downtown Monterey Listing Supply

In the last 90 days, 0 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the Downtown Monterey 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft.

Downtown Monterey Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the residents of Downtown Monterey work from home. Commuting close to 20 minutes 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 Downtown Monterey.
Market Report

Market Data

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

Monterey Submarkets