Newport Beach Commercial Real Estate

107 Palm St - Entire Building Balboa Peninsula Point, Newport Beach, CA  
Oct 31
9,590
sqft
Mixed Use Office Retail Restaurant

Newport Beach

Market Report

Number of Listings
Posted in the last 90 days
122
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
750

Newport Beach Commercial Real Estate

Find Newport Beach commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Newport Beach commercial real estate broker in Newport Beach's Top Broker Directory. Learn about Newport Beach commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Newport Beach Rates

The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Newport Beach region is seeing a a boost in rates. In the last 3 months, the median rate for lease increased $6 per sqft per year. That's a 11% rise in rent.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Newport Beach submarket has greater rates for rent, and you may need to make a great offer to be in this hot region.

Newport Beach Listing Supply

In the last 90 days, 806 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Newport Beach are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 750 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built approximately 1979 and are Class B.

Newport Beach Community

Market Data

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