Burbank Retail

Burbank

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,600
As of: July 26, 2017

Burbank Rates

Compared to the rest of the Metropolitan Los Angeles market, the Burbank region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Burbank Listing Supply

In the last 90 days, 33 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 94% of the office spaces in the Burbank 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 3,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1983 and are Class A.

Burbank 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 market. Commute by taxi is the most popular way to get to work amongst Burbank residents. 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 Burbank.
Market Report

Market Data

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