Norwalk Industrial Space

Norwalk

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
40,000

Compared to the rest of the Metropolitan Los Angeles market, the Norwalk submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Norwalk Listing Supply

In the last 90 days, 35 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Norwalk are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 40,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1977 and are Class A.

Norwalk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Norwalk folk. 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 Norwalk.
Research