Van Nuys Sublease

Van Nuys

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,440
As of: February 27, 2017

Van Nuys Rates

Most listings are in the $30's per square foot per year. The Van Nuys region is experiencing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 20% rise in rent.

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

Van Nuys Listing Supply

In the last 90 days, 16 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,440 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area 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 residents. 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