Most listings are in the $50's per square foot per year. The Fox Hills submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Fox Hills region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 220 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Fox Hills are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,160 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built in 1980 and are Class A.
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 walking is the most popular way to get to work amongst Fox Hills occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Fox Hills.
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