Mid City Retail

Mid City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Mid City Rates

On average, listings lease in the $30's per square foot per year. The Mid City region is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 11% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Mid City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Mid City Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1946 and are Class B.

Mid City 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 car is the most popular way to get to work amongst Mid City occupants. Commuting approximately 15 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 Mid City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid City.