Sherman Oaks Office Space

Sherman Oaks

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,550
As of: December 4, 2016

Sherman Oaks Rates

On average, listings lease in the $30's per square foot per year. The Sherman Oaks region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decrease in rent.

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

Sherman Oaks Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. 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 2,550 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this area were built in 1982 and are Class A.

Sherman Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Sherman Oaks occupants. Commuting more than an hour and a half 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 Sherman Oaks.
Market Report

Market Data

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