La Quinta Sublease

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La Quinta

Office Space Market Report

Number of Listings (last 90 days)
Median Size (sqft)
As of: October 22, 2016

La Quinta Office & Commercial Space

Situated within Riverside County in the state of California, the city of La Quinta features a residential population of approximately 37,500. Considered to be one of the more popular resort communities in the area, La Quinta has long been a hotspot for tourists from both the state and country at large. Business owners seeking to establish a new commercial enterprise in La Quinta may find the area’s vibrant local economy to be particularly beneficial to their own efforts. Rental properties for lease here, including office space for rent and commercial space for rent, are widely available throughout the numerous neighborhood zones of the city.

La Quinta Economic Overview

The median household income level for residents of La Quinta is approximately $67,000, well above the average state levels. This is most likely explained by the well-developed hospitality infrastructure found throughout La Quinta. Some of the more popular occupations for residents of La Quinta include positions in industries ranging from the aforementioned hospitality sector to construction, the professional, scientific and technical services, as well as art and education. Unemployment levels in La Quinta are slightly below 6%, a statistic which is significantly lower than state averages. That being said, La Quinta’s unemployment level closely resembles that of the nation at large. According to a 2010 census, 8% of the local population currently lives below the poverty line.

La Quinta At A Glance

Although the origins of La Quinta are largely linked to agricultural development, the city first began to develop as a significant resort community in the 1920’s, when the La Quinta resort was first established by Walter Morgan. In the 1980’s, the population of La Quinta skyrocketed, due in large part to overpopulation in some of the nearby towns and cities. La Quinta transitioned from a “part-time” to a “full-time” community in the early 1990s, with more than half of local residents maintaining permanent residence here throughout the year. With an estimated per capita income of nearly $40,000, those who do live here enjoy a modestly affluent lifestyle that offers them the opportunity to enjoy a vast array of the local attractions.

Where to Lease in La Quinta

As the local economy here is primarily focused on commercial activity, it is likely that business owners hoping to establish their operations here are looking to engage with the numerous tourists who visit here throughout the year. The downtown region of La Quinta is most conducive to this particular type of business.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in La Quinta.