Manhattan Beach Sublease

Manhattan Beach

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
2,930
As of: December 6, 2016

Manhattan Beach Rates

On average, listings lease in the $50's per square foot per year. The Manhattan Beach region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 9% decline in rent.

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

Manhattan Beach Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Manhattan Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this region were built in 1985 and are Class B.

Manhattan Beach Community

Market Report

Trends and status of the commercial real estate market in Manhattan Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Manhattan Beach.
Research