Burbank Retail

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Burbank

Market Report

Number of Listings
Posted in the last 90 days
30
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
2,890

Burbank Rates

On average, listings lease in the $40's per square foot per year. The Burbank submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 40% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Burbank region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Burbank Listing Supply

In the last 90 days, 456 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the Burbank are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,890 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1983 and are Class A.

Burbank Community

Market Data

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