Encino Office Space

Encino

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
3,870
As of: August 20, 2017

Encino Rates

Most listings are in the $40's per square foot per year. The Encino region is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 11% rise in rent.

Encino Listing Supply

In the last 90 days, 36 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 61% of the listings in the Encino 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.

Even though the median size is 3,870 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 5 stories. Most buildings in this region were built in 1977 and are Class A.

Encino Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Encino 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 Encino.
Market Report

Market Data

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