Malibu Retail

Malibu

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
3,050
As of: September 24, 2016

Malibu Rates

On average, listings lease in the $50's per square foot per year. The Malibu region is seeing a decline in rates. In the last 3 months, the median rate fell $34 per sqft per year. That's a 39% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Malibu region has greater rates, and you'll need to make a great offer to be in this hot region.

Malibu Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. 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.

Even though the median size is 3,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1980 and are Class A.

Malibu Community

Malibu Submarkets