Encino Retail

Encino

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
3,870
As of: July 24, 2017

Encino Rates

The typical asking rate per listing is in the $40's per square foot per year. The Encino region is going through a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 26% rise in rent.

Encino Listing Supply

In the last 90 days, 36 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 56% of the available space in the Encino 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.

The standard measurement for office space in this area is around 1,700 sqft. Most buildings in this region are around 5 floors. Most buildings in this region were built in 1977 and are Class A.

Encino Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Encino 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 Encino.
Market Report

Market Data

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