Torrance Retail

Torrance

Office Space Market Report

Number of Listings (last 90 days)
104
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,460
As of: June 25, 2017

Torrance Rates

The typical asking rate per listing is in the $30's per square foot per year. The Torrance region is seeing a an increase in rates. In the last 3 months, the median rate rose $36 per sqft per year.

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

Torrance Listing Supply

In the last 90 days, 104 listings have come on the market, so you'll want to check back regularly for new listings. About 32% of the listings in the Torrance 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,460 sqft. Most properties in this area are around 2 stories. Most buildings in this region 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 region. 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