Van Nuys Sublease

Van Nuys

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
7,910
As of: June 25, 2017

Van Nuys Rates

On average, listings lease in the $30's per square foot per year. The Van Nuys submarket is going through a a boost in rates. In the last 3 months, the median rate increased $37 per sqft per year.

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

Van Nuys Listing Supply

In the last 90 days, 15 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available leases in the Van Nuys 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,910 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1981 and are Class A.

Van Nuys Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Van Nuys folk. Commuting between 30 and 45 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 Van Nuys.
Market Report

Market Data

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