Garden Grove Sublease

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Garden Grove

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,000
As of: January 19, 2017

Garden Grove Rates

On average, listings lease in the $20's per square foot per year. The Garden Grove submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

Garden Grove Listing Supply

In the last 90 days, 15 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1981 and are Class B.

Garden Grove Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Garden Grove folk. Commuting approximately 15 minutes 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 Garden Grove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Garden Grove.
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Garden Grove Submarkets