Glendora Sublease

Glendora

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
38,590
As of: May 25, 2017

Glendora Rates

The typical asking rate per listing is in the $20's per square foot per year. The Glendora submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

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

Glendora Listing Supply

In the last 90 days, 7 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Glendora 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 38,590 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1985 and are Class B.

Glendora 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 market. Most of the folk of Glendora work from home. Commuting between 30 and 45 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 Glendora.
Market Report

Market Data

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