Cypress Retail

Cypress

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
15,000
As of: August 19, 2017

Cypress Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cypress region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 74% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Cypress submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Cypress Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 60% of the office spaces in the Cypress 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 available, so finding a space for a small business might be tough.

Even though the median size is 15,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1987 and are Class A.

Cypress Community

Market Report

Trends and status of the commercial real estate market in Cypress.
Market Report

Market Data

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

Cypress Submarkets