El Segundo Sublease

El Segundo

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,460
As of: September 25, 2016

El Segundo Rates

On average, listings lease in the $40's per square foot per year. The El Segundo submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 7% increase in rent.

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

El Segundo Listing Supply

In the last 90 days, 26 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 15% of the available space in the El Segundo 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,460 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1982 and are Class A.

El Segundo Community

El Segundo Submarkets