Monterey Park Sublease

Monterey Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
37,590
As of: December 4, 2016

Monterey Park Rates

On average, listings lease in the $0's per square foot per year. The Monterey Park region is seeing a decrease in rates. In the last 3 months, the median rate decreased $30 per sqft per year. That's a 100% decrease in rent.

Monterey Park Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Monterey Park 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 available, so finding a space for a small business might be tough.

Even though the median size is 37,590 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1982 and are Class A.

Monterey Park 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. Commute by walking is the most popular way to get to work amongst Monterey Park residents. Commuting approximately 10 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 Monterey Park.
Market Report

Market Data

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

Monterey Park Submarkets