Mid City Industrial

Mid City

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,500
As of: August 18, 2017

Mid City Rates

On average, listings lease in the $10's per square foot per year. The Mid City region is seeing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.

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

Mid City Listing Supply

In the last 90 days, 0 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Mid City are subleases, so you might be able to snag a great spot on a short term. 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 2,500 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1946 and are Class B.

Mid City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Mid City occupants. Commuting around 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 Mid City.
Market Report

Market Data

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