Simi Valley Industrial

Simi Valley

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
930
As of: June 24, 2017

Simi Valley Rates

The typical asking rate per listing is in the $20's per square foot per year. The Simi Valley submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

Simi Valley Listing Supply

In the last 90 days, 11 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 82% of the listings in the Simi Valley are subleases, so you might be able to find a shorter term or below market rent. 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 930 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.

Simi Valley Community

Market Report

Trends and status of the commercial real estate market in Simi Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Simi Valley.
Research