Magnolia Center Industrial

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

Magnolia Center

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
19,250
As of: August 18, 2017

Magnolia Center Rates

The typical asking rate per listing is in the $30's per square foot per year. The Magnolia Center region is going through a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 43% increase in rent.

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

Magnolia Center Listing Supply

In the last 90 days, 10 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Magnolia Center 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 posted, so finding a space for a small business might be tough.

Even though the median size is 19,250 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1978 and are Class C.

Magnolia Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Magnolia Center 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 Magnolia Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Magnolia Center.
Research