Panorama City Office Space

Panorama City

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,000
As of: June 22, 2017

Panorama City Rates

Most listings are in the $20's per square foot per year. The Panorama City submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Panorama City Listing Supply

In the last 90 days, 2 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 150% of the available leases in the Panorama City 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1959 and are Class B.

Panorama City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Panorama City residents. 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 Panorama City.
Market Report

Market Data

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