West Hollywood Retail

West Hollywood

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,950
As of: July 21, 2017

West Hollywood Rates

On average, listings lease in the $60's per square foot per year. The West Hollywood submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 11% decline in rent.

West Hollywood Listing Supply

In the last 90 days, 15 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 87% of the listings in the West Hollywood are subleases, so you might be able to find a shorter term or below market rent. 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 2,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1958 and are Class A.

West Hollywood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst West Hollywood folk. Commuting approximately an hour and a half 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 West Hollywood.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Hollywood.
Research

West Hollywood Submarkets