Covina Retail

Covina

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,270
As of: March 13, 2017

Covina Rates

On average, listings lease in the $20's per square foot per year. The Covina submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 35% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Covina submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Covina Listing Supply

In the last 90 days, 10 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,270 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1981 and are Class B.

Covina 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 public transit is the most popular way to get to work amongst Covina occupants. Commuting more than an hour and a half 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 Covina.
Market Report

Market Data

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

Covina Submarkets