Northeast Santa Monica Industrial

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

Northeast Santa Monica

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
3,930
As of: June 26, 2017

Northeast Santa Monica Rates

Most listings are in the $50's per square foot per year. The Northeast Santa Monica region is seeing a a boost in rates. In the last 3 months, the median rate went up $58 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Northeast Santa Monica submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Northeast Santa Monica Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Northeast Santa Monica 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.

Even though the median size is 3,930 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 1978 and are Class A.

Northeast Santa Monica Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Northeast Santa Monica occupants. 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 Northeast Santa Monica.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northeast Santa Monica.
Research