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)
1,430
As of: March 12, 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 rose $4 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Van Nuys submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Van Nuys Listing Supply

In the last 90 days, 15 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,430 sqft. Most buildings in this area are close to 2 floors. 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 market. Commute by public transit is the most popular way to get to work amongst Van Nuys 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 Van Nuys.
Market Report

Market Data

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