Newport Pier Commercial Real Estate

Newport Pier

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$91
Median Size (sqft)
1,800

Compared to the rest of the Metropolitan Los Angeles market, the Newport Pier region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Newport Pier Listing Supply

In the last 90 days, 10 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 30% of the listings in the Newport Pier 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft.

Newport Pier Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Newport Pier residents. Commuting around 10 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 Newport Pier.
Research