Wilshire-Montana Retail

Wilshire-Montana

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$82
Median Size (sqft)
2,000
As of: March 11, 2017

Wilshire-Montana Rates

On average, listings lease in the $80's per square foot per year. The Wilshire-Montana region is going through a an increase in rates. In the last 3 months, the median rate increased $82 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Wilshire-Montana submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Wilshire-Montana Listing Supply

In the last 90 days, 17 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 1958 and are Class B.

Wilshire-Montana Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Wilshire-Montana residents. Commuting close to 30 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 Wilshire-Montana.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wilshire-Montana.
Research