Van Nuys Retail

Van Nuys

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,800
As of: December 9, 2016

Van Nuys Rates

On average, listings lease in the $20's per square foot per year. The Van Nuys region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Van Nuys region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Van Nuys Listing Supply

In the last 90 days, 37 listings have been posted online, which means new availabilities 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 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 1,610 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1981 and are Class A.

Van Nuys Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Van Nuys 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 Van Nuys.
Market Report

Market Data

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