Olde Torrance Sublease

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Olde Torrance

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
2,720
As of: December 10, 2016

Olde Torrance Rates

Most listings are in the $30's per square foot per year. The Olde Torrance submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Olde Torrance submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Olde Torrance Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,720 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1985 and are Class A.

Olde Torrance 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 region. Commute by car is the most popular way to get to work amongst Olde Torrance occupants. Commuting between 20 and 25 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 Olde Torrance.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Olde Torrance.
Research