2020 Office Space Rent & Sales
- $23.82 2020 Avg. Asking Rent
- 0.16% Y-o-Y Avg. Asking Rent Change
- 4.33% 2020 Office Vacancy Rate
El Monte office price per square foot in 2020 was $23.82 on average. This marked a +0.16% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 4.33% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- El Monte Class B Office Space$23.82
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
El Monte, CA Office Asking Rents by Class
2020 Office Construction in El Monte, CA
- El Monte, CA Total SF completed in 2020
- El Monte, CA Total SF under construction in 2021 61,760
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the El Monte office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space. Looking forward, development activity throughout 2021 is estimated to add 61,760 square feet of office space to the market, before year-end.
|3629 Santa Anita Avenue||3629 Santa Anita Avenue, 91731||32,000||2017|
|10418 Valley Blvd||10418 Valley Blvd, 91731||31,594||2007|
|10501 Valley Blvd||10501 Valley Blvd, 91731||54,066||2001|
|Airport Office Center||4401 Santa Anita Avenue, 91731||64,480||1987|
|9300 Flair Drive||9300 Flair Drive, 91731||91,200||1982|
|El Monte Executive Plaza||11100 Valley Blvd, 91731||53,228||1981|
|3440 Flair Drive||3440 Flair Drive, 91731||265,296||1980|
|Rosemead Springs Business Center||3200 Rosemead Blvd, 91731||130,430||1979|
|Pacific Telstar Business Park||9040 Telstar Avenue, 91731||62,772||1979|
|Flair Business Park||3360 Flair Drive, 91731||57,000||1979|
Worth noting among recent office completions on the El Monte market is 3629 Santa Anita Avenue, which is currently the largest new office development in the city, at 32,000 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all El Monte commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.