Wilshire Center - Koreatown Industrial

We couldn't find any industrial spaces for Lease and Sublease

Wilshire Center - Koreatown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,730
As of: March 12, 2017

Wilshire Center - Koreatown Rates

On average, listings lease in the $30's per square foot per year. The Wilshire Center - Koreatown region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Wilshire Center - Koreatown submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Wilshire Center - Koreatown Listing Supply

In the last 90 days, 8 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Wilshire Center - Koreatown 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.

The standard measurement for office space in this area is around 1,730 sqft. Most buildings in this area are approximately 12 floors. Most buildings in this market were built in 1960 and are Class A.

Wilshire Center - Koreatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Wilshire Center - Koreatown residents. Commuting close to an hour 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 Wilshire Center - Koreatown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wilshire Center - Koreatown.
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