Newport Heights Retail

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Newport Heights

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Newport Heights Rates

Most listings are in the $50's per square foot per year. The Newport Heights submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 26% rise in rent.

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

Newport Heights Listing Supply

In the last 90 days, 3 listings have been listed, which means new availabilities might be going fast. 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.

Even though the median size is 2,780 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 2003 and are Class B.

Newport Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of Newport Heights work from home. 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 Newport Heights.
Market Report

Market Data

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