Newport Beach Medical Space For Lease

Newport Beach

Market Report

Number of Listings For Lease
Posted in the last 90 days
108
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,440

Newport Beach Commercial Real Estate

Find Newport Beach 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 Newport Beach commercial real estate broker in Newport Beach's Top Broker Directory. Learn about Newport Beach commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Newport Beach Rates

The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Newport Beach submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $6 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Newport Beach region has more expensive rates for rent, and you may need to make a great offer to be in this hot submarket.

Newport Beach Listing Supply

In the last 90 days, 806 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Newport Beach 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 posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,440 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built close to 1979 and are Class B.

Newport Beach Community

Market Data

Real time and historical data on commercial real estate listings in Newport Beach.
Research