Miracle Mile Industrial

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Miracle Mile

Office Space Market Report

Number of Listings (last 90 days)
4
As of: April 29, 2017

Miracle Mile Rates

Most listings are in the $0's per square foot per year. The Miracle Mile region is experiencing a decrease in rates. In the last 3 months, the median rate fell $55 per sqft per year. That's a 100% decline in rent.

Miracle Mile Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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  sqft. Most properties in this region are close to 10 stories. Most buildings in this region were built in 1971 and are Class A.

Miracle Mile 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 market. Commute by walking is the most popular way to get to work amongst Miracle Mile occupants. Commuting under 5 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 Miracle Mile.
Market Report

Market Data

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