The typical asking rate per listing is in the $40's per square foot per year. The Redondo Beach submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Redondo Beach submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Redondo Beach 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 16,830 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1982 and are Class B.