Encino Office Space

Encino

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,520
As of: March 11, 2017

Encino Rates

Most listings are in the $40's per square foot per year. The Encino region is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 6% rise in rent.

Encino Listing Supply

In the last 90 days, 36 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Encino are subleases, so you will probably have to focus your search on direct office leases. 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 1,520 sqft. Most buildings in this area are around 5 floors. Most buildings in this area 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 region. 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