Newport Beach Retail

Newport Beach

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Newport Beach Rates

The typical asking rate per listing is in the $50's per square foot per year. The Newport Beach region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase 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 submarket.

Newport Beach Listing Supply

In the last 90 days, 81 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available space in the Newport Beach are subleases, so you will probably have to focus your search on direct office leases. 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 listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1980 and are Class A.

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.