Venice Sublease

Venice

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
980
As of: August 20, 2017

Venice Rates

The typical asking rate per listing is in the $10's per square foot per year. The Venice submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 32% decrease in rent.

Venice Listing Supply

In the last 90 days, 4 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 125% of the available leases in the Venice 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 980 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1963 and are Class B.

Venice Community

Market Report

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

Market Data

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