Burbank Office Space

Burbank

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,090
As of: June 25, 2017

Burbank Rates

Most listings are in the $30's per square foot per year. The Burbank region is going through a a boost in rates. In the last 3 months, the median rate rose $32 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Burbank submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Burbank Listing Supply

In the last 90 days, 32 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 119% of the listings in the Burbank 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,090 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1984 and are Class A.

Burbank Community

Market Report

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

Market Data

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