North Main Street District Sublease

North Main Street District

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,530
As of: July 26, 2017

North Main Street District Rates

Most listings are in the $30's per square foot per year. The North Main Street District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

North Main Street District Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 120% of the listings in the North Main Street District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,530 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 2001 and are Class A.

North Main Street District Community

This area is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Main Street District occupants. Commuting more than 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 North Main Street District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Main Street District.
Research