Covina Sublease

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Covina

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,600
As of: June 25, 2017

Covina Rates

Most listings are in the $20's per square foot per year. The Covina submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Covina submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Covina Listing Supply

In the last 90 days, 10 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 210% of the office spaces in the Covina 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.

Even though the median size is 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1981 and are Class B.

Covina Community

Market Report

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

Market Data

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

Covina Submarkets