Search 33 commercial real estate listings for lease in Monterey, CA, including the latest local availabilites across all property types and find helpful local stats in the Market Overview section below.
The Monterey real estate market has a lot to offer. You will find that Office accounts for the largest share of CRE for lease opportunities on the local market. Meanwhile, Industrial accounts for the second-largest share of local listings for rent.
Office
72.68%
Retail
3.22%
Industrial
24.10%Depending on the type of space that you’re looking for, different areas of Monterey may suit your needs differently. The city’s Casanova - Oak Knoll neighborhood has the highest concentration of CRE listings for lease, offering 17 availabilities on the market. The Franklin neighborhood is home to the second-largest number of leasing opportunities — 13 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Casanova - Oak Knoll.
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Casanova - Oak Knoll area is the local Monterey submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where the location best fits in order to be close to the customers. In Monterey, you’ll find the most such opportunities for lease to be in Franklin.
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.
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