Eastern Malibu Office Space

Eastern Malibu

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
2,380
As of: March 29, 2017

Eastern Malibu Rates

On average, listings lease in the $70's per square foot per year. The Eastern Malibu submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $79 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Eastern Malibu Listing Supply

In the last 90 days, 19 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available leases in the Eastern Malibu are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,380 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1980 and are Class B.

Eastern Malibu Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Eastern Malibu residents. Commuting around 10 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 Eastern Malibu.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Eastern Malibu.
Research

Malibu Submarkets