Palm Springs Retail

Palm Springs

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$238
Median Size (sqft)
8,450
As of: August 22, 2017

Palm Springs Rates

Most listings are in the $230's per square foot per year. The Palm Springs region is seeing a a boost in rates. In the last 3 months, the median rate increased $238 per sqft per year.

Compared to the rest of the Gold Coast market, the Palm Springs submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Palm Springs Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 250% of the office spaces in the Palm Springs are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 8,450 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1996 and are Class B.

Palm Springs Community

Market Report

Trends and status of the commercial real estate market in Palm Springs.
Market Report

Market Data

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