Garden Grove Sublease

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Garden Grove

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,660
As of: July 25, 2017

Garden Grove Rates

On average, listings lease in the $30's per square foot per year. The Garden Grove region is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.

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

Garden Grove Listing Supply

In the last 90 days, 17 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 35% of the listings in the Garden Grove 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area 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 area. Commute by car is the most popular way to get to work amongst Garden Grove residents. 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