Cypress Sublease

Cypress

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
15,000
As of: August 16, 2017

Cypress Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cypress region is experiencing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 74% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Cypress region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Cypress Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 60% of the available leases in the Cypress 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 available, so finding a space for a small business might be tough.

Even though the median size is 15,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1987 and are Class A.

Cypress Community

Market Report

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

Market Data

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

Cypress Submarkets