Sunset Park Retail

Sunset Park

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,130
As of: February 27, 2017

Sunset Park Rates

Most listings are in the $50's per square foot per year. The Sunset Park region is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 16% rise in rent.

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

Sunset Park Listing Supply

In the last 90 days, 23 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Sunset Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,130 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.

Sunset Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Sunset Park work from home. Commuting around 20 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 Sunset Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sunset Park.
Research