Montbello Office Space

Montbello

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,510
As of: August 21, 2017

Montbello Rates

Most listings are in the $20's per square foot per year. The Montbello submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.

Montbello Listing Supply

In the last 90 days, 5 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Montbello 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 6,510 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1985 and are Class B.

Montbello Community

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 market. Commute by public transit is the most popular way to get to work amongst Montbello occupants. Commuting around 30 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 Montbello.
Market Report

Market Data

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