South Pasadena Retail

South Pasadena

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,700
As of: June 23, 2017

South Pasadena Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Pasadena region is going through a a rise in rates. In the last 3 months, the median rate went up $39 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena submarket has greater rates, and you'll need to make a great offer to be in this hot region.

South Pasadena Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the South Pasadena are subleases, so you might be able to snag a great spot on a short term. 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 340 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1950 and are Class B.

South Pasadena Community

Market Report

Trends and status of the commercial real estate market in South Pasadena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Pasadena.
Research

South Pasadena Submarkets