Vineyard Industrial

Vineyard

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
3,210
As of: July 26, 2017

Vineyard Rates

Most listings are in the $40's per square foot per year. The Vineyard region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Vineyard region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Vineyard Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the office spaces in the Vineyard 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.

Even though the median size is 16,030 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 6 floors. Most buildings in this area were built in 1985 and are Class A.

Vineyard 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 Vineyard occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Vineyard.
Market Report

Market Data

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