West Redlands Retail

West Redlands

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,700
As of: July 23, 2017

West Redlands Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Redlands submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the West Redlands submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

West Redlands Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the West Redlands 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.

The standard measurement for office space in this area is around 1,730 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 2005 and are Class B.

West Redlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst West Redlands residents. 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 West Redlands.
Market Report

Market Data

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

Redlands Submarkets