Monterey Sublease

Monterey

Office Space Market Report

Number of Listings (last 90 days)
111
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,080
As of: August 17, 2017

Monterey Rates

Most listings are in the $10's per square foot per year. The Monterey region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 17% decrease in rent.

Monterey Listing Supply

In the last 90 days, 19 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 63% of the available space in the Monterey 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,080 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1984 and are Class A.

Monterey Community

Market Report

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

Market Data

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