Whittier Retail

Whittier

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,980
As of: August 16, 2017

Whittier Rates

On average, listings lease in the $20's per square foot per year. The Whittier submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 35% decrease in rent.

Whittier Listing Supply

In the last 90 days, 14 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 57% of the available space in the Whittier are subleases, so you might be able to find a shorter term or below market rent. 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 1,980 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1994 and are Class A.

Whittier Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Whittier occupants. Commuting close to an hour 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 Whittier.
Market Report

Market Data

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