Central City Sublease

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Central City

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,000
As of: February 20, 2017

Central City Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central City region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 23% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Central City submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Central City Listing Supply

In the last 90 days, 10 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1976 and are Class B.

Central City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central City occupants. Commuting under 5 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 Central City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central City.
Research