Panorama City Retail

Panorama City

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
800
As of: December 8, 2016

Panorama City Rates

On average, listings lease in the $20's per square foot per year. The Panorama City region is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decline in rent.

Panorama City Listing Supply

In the last 90 days, 20 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most buildings in this area are around 3 floors. Most buildings in this region were built in 1961 and are Class B.

Panorama City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Panorama City 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 Panorama City.
Market Report

Market Data

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