Rancho Palos Verdes Sublease

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Rancho Palos Verdes

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,480
As of: June 22, 2017

Rancho Palos Verdes Rates

Most listings are in the $30's per square foot per year. The Rancho Palos Verdes submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $38 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Rancho Palos Verdes region has greater rates, and you'll need to make a great offer to be in this hot region.

Rancho Palos Verdes Listing Supply

In the last 90 days, 0 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Rancho Palos Verdes are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,480 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1985 and are Class B.

Rancho Palos Verdes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Rancho Palos Verdes occupants. Commuting approximately 30 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 Rancho Palos Verdes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rancho Palos Verdes.
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