Monterey Sublease

Monterey

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,340
As of: July 24, 2017

Monterey Rates

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

Monterey Listing Supply

In the last 90 days, 19 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 47% of the office spaces in the Monterey 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,340 sqft. Most properties in this market are close to 2 floors. Most buildings in this area 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