Northwest Pasadena Office Space

Northwest Pasadena

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
18,020
As of: June 28, 2017

Northwest Pasadena Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Pasadena submarket is going through a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Northwest Pasadena submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Northwest Pasadena Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the listings in the Northwest Pasadena are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 31,180 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1988 and are Class B.

Northwest Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northwest Pasadena folk. 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 Northwest Pasadena.
Market Report

Market Data

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