The typical asking rate per listing is in the $30's per square foot per year. The Redondo Beach submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $40 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Redondo Beach region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 16,830 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1982 and are Class B.