Van Nuys Office Space

Van Nuys

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
900
As of: May 18, 2017

Van Nuys Rates

On average, listings lease in the $30's per square foot per year. The Van Nuys submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 21% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Van Nuys submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Van Nuys Listing Supply

In the last 90 days, 15 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 900 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1981 and are Class A.

Van Nuys Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Van Nuys 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 Van Nuys.
Market Report

Market Data

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