Monterey Sublease

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Office Space Market Report

Number of Listings (last 90 days)
As of: October 25, 2016

Monterey Rates

The typical asking rate per listing is in the $0's per square foot per year. The Monterey region is going through a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 100% decrease in rent.

Monterey Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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  sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1984 and are Class B.

Monterey Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Monterey folk. Commuting between 30 and 45 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 Monterey.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Monterey.