On average, listings lease in the $50's per square foot per year. The El Segundo submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the El Segundo submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 60 listings have been posted online, so you'll want to check back regularly for new listings. About 78% of the available leases in the El Segundo are subleases, so you might be able to snag a great spot on a short term. 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 3,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1982 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst El Segundo residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.