Montbello Office Space

Montbello

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
4,100
As of: June 22, 2017

Montbello Rates

On average, listings lease in the $20's per square foot per year. The Montbello region is experiencing a a boost in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Montbello Listing Supply

In the last 90 days, 5 listings have come on the market, which means new availabilities most likley are leasing quickly. 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 find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1982 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 region. Commute by public transit is the most popular way to get to work amongst Montbello residents. 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