Reseda Office Space

Reseda

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
380

Reseda Rates

Most listings are in the $20's per square foot per year. The Reseda region is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.

Reseda Listing Supply

In the last 90 days, 40 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Reseda 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 380 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1979 and are Class C.

Reseda Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Reseda 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 Reseda.
Research