Newport Beach Retail

Newport Beach

Office Space Market Report

Number of Listings (last 90 days)
72
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,540
As of: December 7, 2016

Newport Beach Rates

Most listings are in the $30's per square foot per year. The Newport Beach submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 30% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Newport Beach submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Newport Beach Listing Supply

In the last 90 days, 74 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the available leases in the Newport Beach are subleases, so you might be able to snag a great spot on a short term. 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 2,540 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1980 and are Class B.

Newport Beach Community

Market Report

Trends and status of the commercial real estate market in Newport Beach.
Market Report

Market Data

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