Lucerne-Higuera Retail

We couldn't find any retail spaces for Lease and Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Lucerne-Higuera Rates

Most listings are in the $50's per square foot per year. The Lucerne-Higuera submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $23 per sqft per year. That's a 71% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Lucerne-Higuera submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Lucerne-Higuera Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Lucerne-Higuera 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 posted, so finding a space for a small business might be tough.

Even though the median size is 15,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1977 and are Class B.

Lucerne-Higuera Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Lucerne-Higuera residents. Commuting close to 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 Lucerne-Higuera.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lucerne-Higuera.