Mid-City West Industrial Space For Lease

Mid-City West

Market Report

Number of Listings For Lease
Posted in the last 90 days
48
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,010

Mid-City West Commercial Real Estate

Find Mid-City West commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Mid-City West commercial real estate broker in Mid-City West's Top Broker Directory. Learn about Mid-City West commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Mid-City West Rates

The typical asking rate per commerial real estate listing leases is in the $50's per square foot per year. The Mid-City West submarket is seeing a decrease in rates. In the last 3 months, the median rate for lease decreased $3 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Mid-City West submarket has higher rates for rent, and you may need to pay a premium to be in this hot submarket.

Mid-City West Listing Supply

In the last 90 days, 581 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Mid-City West are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,010 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built around 1958 and are Class A.

Mid-City West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Mid-City West residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Mid-City West.
Research