Encino Retail

Encino

Office Space Market Report

Number of Listings (last 90 days)
78
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,000
As of: February 27, 2017

Encino Rates

On average, listings lease in the $40's per square foot per year. The Encino region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decline in rent.

Encino Listing Supply

In the last 90 days, 78 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Encino are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,000 sqft. Most buildings in this region are around 5 floors. Most buildings in this market 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 market. Commute by public transit is the most popular way to get to work amongst Encino occupants. 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