Monterey Office Space

Monterey

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
2,180
As of: February 22, 2017

Monterey Rates

The typical asking rate per listing is in the $10's per square foot per year. The Monterey region is seeing a a rise in rates. In the last 3 months, the median rate rose $15 per sqft per year.

Compared to the rest of the Orlando market, the Monterey submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Monterey Listing Supply

In the last 90 days, 3 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,180 sqft. Most buildings in this region are around 1 floors. Most buildings in this market were built in 1984 and are Class B.

Monterey Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Monterey residents. 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 Monterey.
Market Report

Market Data

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