Northwest Pasadena Industrial

Northwest Pasadena

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,500
As of: February 26, 2017

Northwest Pasadena Rates

Most listings are in the $20's per square foot per year. The Northwest Pasadena submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% increase in rent.

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

Northwest Pasadena Listing Supply

In the last 90 days, 6 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Northwest Pasadena 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 available, 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 2 floors. Most buildings in this market were built in 1989 and are Class B.

Northwest Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Northwest Pasadena residents. Commuting between 30 and 45 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 Northwest Pasadena.
Market Report

Market Data

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