Newhall Office Space

Newhall

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
280
As of: May 27, 2017

Newhall Rates

On average, listings lease in the $40's per square foot per year. The Newhall submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 15% increase in rent.

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

Newhall Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 280 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.

Newhall Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Newhall residents. Commuting close to an hour and a half 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 Newhall.
Market Report

Market Data

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