Redondo Beach Retail

Redondo Beach

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
41,270
As of: May 18, 2017

Redondo Beach Rates

On average, listings lease in the $20's per square foot per year. The Redondo Beach submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 56% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Redondo Beach submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Redondo Beach Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Redondo Beach 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 posted, so finding a space for a small business might be tough.

Even though the median size is 41,270 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1981 and are Class B.

Redondo Beach Community

Market Report

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

Market Data

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

Redondo Beach Submarkets