Vernon Sublease

Vernon

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
8,930
As of: March 12, 2017

Vernon Rates

Most listings are in the $10's per square foot per year. The Vernon region is going through a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.

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

Vernon Listing Supply

In the last 90 days, 7 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Vernon 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 8,930 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 1957 and are Class B.

Vernon Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Vernon occupants. 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 Vernon.
Market Report

Market Data

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

Vernon Submarkets