Bayview Office Space

Bayview

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
2,950
As of: July 21, 2017

Bayview Rates

Most listings are in the $40's per square foot per year. The Bayview region is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 14% rise in rent.

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

Bayview Listing Supply

In the last 90 days, 5 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Bayview are subleases, so you might be able to snag a great spot on a short term. 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 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1990 and are Class B.

Bayview Community

A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Most of the occupants of Bayview work from home. Commuting approximately 30 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 Bayview.
Market Report

Market Data

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