South Redlands Sublease

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South Redlands

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,260
As of: June 25, 2017

South Redlands Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Redlands submarket is going through a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the South Redlands submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

South Redlands Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 467% of the available space in the South Redlands 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.

The standard measurement for office space in this area is around 2,260 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1988 and are Class B.

South Redlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the occupants of South Redlands work from home. Commuting approximately an hour and a half 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 South Redlands.
Market Report

Market Data

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

Redlands Submarkets