Lancaster Industrial

Lancaster

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,190
As of: March 12, 2017

Lancaster Rates

On average, listings lease in the $20's per square foot per year. The Lancaster submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Lancaster submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Lancaster Listing Supply

In the last 90 days, 16 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Lancaster 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.

The standard measurement for office space in this area is around 2,190 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1988 and are Class B.

Lancaster Community

Market Report

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

Market Data

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

Lancaster Submarkets