Northridge Retail

Northridge

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
22,120
As of: December 5, 2016

Northridge Rates

Most listings are in the $40's per square foot per year. The Northridge region is seeing a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 29% rise in rent.

Northridge Listing Supply

In the last 90 days, 9 listings have been listed, which means spaces might be 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 22,120 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1981 and are Class B.

Northridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Northridge occupants. Commuting more than an hour and a half 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 Northridge.
Market Report

Market Data

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