Torrance Retail

Torrance

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,820
As of: December 3, 2016

Torrance Rates

Most listings are in the $50's per square foot per year. The Torrance submarket is going through a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 38% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Torrance region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Torrance Listing Supply

In the last 90 days, 71 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the listings in the Torrance are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,690 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1985 and are Class B.

Torrance Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Torrance folk. Commuting between 30 and 45 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 Torrance.
Market Report

Market Data

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