Newport Beach Sublease

Newport Beach

Office Space Market Report

Number of Listings (last 90 days)
96
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
2,260
As of: June 25, 2017

Newport Beach Rates

Most listings are in the $50's per square foot per year. The Newport Beach submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $52 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Newport Beach submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Newport Beach Listing Supply

In the last 90 days, 96 listings have been listed, so you'll want to check back regularly for new listings. About 65% of the listings in the Newport Beach 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1980 and are Class B.

Newport Beach Community

Market Report

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

Market Data

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