Sherman Oaks Industrial

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Sherman Oaks

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Sherman Oaks Rates

Most listings are in the $30's per square foot per year. The Sherman Oaks region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Sherman Oaks region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Sherman Oaks Listing Supply

In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1982 and are Class A.

Sherman Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Sherman Oaks occupants. Commuting more than an hour and a half 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 Sherman Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sherman Oaks.