Downey Office Commercial Real Estate Call 323-456-6110 Fernando Spindola
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Downey Commercial Real Estate – Market Overview – Office Properties

According to the following is Downey’s Office property stats:

Median Capitalization Rate in Downey is = 6%.

Average Price Per Square Foot in Downey is = $397

Office Properties in Downey is = 137,676 Square Feet.

If you would like a market value and Capitalization rate calculation on any of your properties Call: Fernando Spindola, or use the contact form here.

In their July 2023 Commercial Real Estate Market Insights Office Properties info NAR.Realtor said: 

Even though more people are going to their offices more often, the office sector still faces challenges. The office vacancy rate reached a new record high at 13.1% at the end of the year’s first half. With hybrid work arrangements allowing for a mix of in-person and remote work, a lot of office space is left empty. Meanwhile, in their effort to reduce their occupancy cost, tenants have decreased the average square footage per person leading to lower demand for space. The office sector is transforming to adapt to changing working arrangements and needs.

Call 323-456-6110 Real Estate Agent - Fernando Spindola CENTURY 21 PEAK Downey SelfyFernando Spindola
Call: 323-456-6110 
CCIM® Candidate Member
(Certified Commercial Investment Member)
CCA® – Certified Commercial Advisor®
DRE#: 01745219 – REALTOR®
7825 Florence Ave. Downey, CA 90240

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