Newhall Office Space

Newhall

Market Report

Number of Listings
Posted in the last 90 days
22
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
580

Newhall Rates

Most listings are in the $30's per square foot per year. The Newhall submarket is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 22% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Newhall submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Newhall Listing Supply

In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 17% of the office spaces in the Newhall are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 580 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1984 and are Class B.

Newhall 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 area. Commute by car is the most popular way to get to work amongst Newhall folk. Commuting around an hour and a half 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 Newhall.
Research