South Palm Desert Office Space

South Palm Desert

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,170
As of: June 25, 2017

South Palm Desert Rates

On average, listings lease in the $10's per square foot per year. The South Palm Desert region is going through a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the South Palm Desert region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

South Palm Desert Listing Supply

In the last 90 days, 6 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the listings in the South Palm Desert 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,170 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1980 and are Class Class A.

South Palm Desert Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Palm Desert occupants. Commuting between 30 and 45 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 South Palm Desert.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Palm Desert.
Research