Sunset Park Retail

Sunset Park

Office Space Market Report

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

Sunset Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Sunset Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Sunset Park submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Sunset Park Listing Supply

In the last 90 days, 1 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 710 sqft. Most properties in this region are close to 2 stories. 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 market. Most of the residents 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.