Burbank Sublease

Burbank

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,090
As of: June 23, 2017

Burbank Rates

The typical asking rate per listing is in the $30's per square foot per year. The Burbank submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Burbank submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Burbank Listing Supply

In the last 90 days, 32 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 138% of the listings in the Burbank are subleases, so you might be able to snag a great spot on a short term. 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 2,870 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1984 and are Class A.

Burbank Community

Market Report

Trends and status of the commercial real estate market in Burbank.
Market Report

Market Data

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