Santa Fe Springs Retail

Santa Fe Springs

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,420
As of: September 26, 2016

Santa Fe Springs Rates

The typical asking rate per listing is in the $20's per square foot per year. The Santa Fe Springs region is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 23% decline in rent.

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

Santa Fe Springs Listing Supply

In the last 90 days, 12 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Santa Fe Springs are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,420 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 1978 and are Class A.

Santa Fe Springs Community

Santa Fe Springs Submarkets