Ocean Park Sublease

Ocean Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Size (sqft)
3,450
As of: December 3, 2016

Ocean Park Rates

The typical asking rate per listing is in the $0's per square foot per year. The Ocean Park region is seeing a decline in rates. In the last 3 months, the median rate fell $87 per sqft per year. That's a 100% decline in rent.

Ocean Park Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Ocean Park 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,450 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1984 and are Class B.

Ocean Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Ocean Park work from home. 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 Ocean Park.
Market Report

Market Data

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