Covina Sublease

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Covina

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,080
As of: January 22, 2017

Covina Rates

On average, listings lease in the $30's per square foot per year. The Covina submarket is going through a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 41% increase in rent.

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

Covina Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,080 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1981 and are Class B.

Covina Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Covina folk. Commuting more than an hour and a half 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 Covina.
Market Report

Market Data

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

Covina Submarkets