West Garden Grove Retail

West Garden Grove

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,300
As of: August 17, 2017

West Garden Grove Rates

The typical asking rate per listing is in the $10's per square foot per year. The West Garden Grove region is going through a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the West Garden Grove region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

West Garden Grove Listing Supply

In the last 90 days, 6 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the West Garden Grove 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,300 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1979 and are Class B.

West Garden Grove Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst West Garden Grove residents. Commuting close to 15 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 West Garden Grove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Garden Grove.
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