Vineyard Sublease

Vineyard

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
12,060
As of: August 20, 2017

Vineyard Rates

Most listings are in the $40's per square foot per year. The Vineyard submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Vineyard submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Vineyard Listing Supply

In the last 90 days, 5 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 80% of the office spaces in the Vineyard 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 posted, so finding a space for a small business might be tough.

Even though the median size is 12,060 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this region were built in 1985 and are Class A.

Vineyard Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Vineyard folk. Commuting approximately 15 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 Vineyard.
Market Report

Market Data

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