Venice Office Space and Property Rental Market
Venice is a city located in Silicon Beach/West LA, California close to cities in Playa Vista, Marina Del Rey, Culver City, and Santa Monica. The city has an existing inventory that amounts to 1,168,672 square feet with a vacancy rate of 6.2%. This means that in every 100 offices, there are 6 offices available for lease. West LA has average office lease rates can range from $4.35 to $4.72 per square feet. In Venice, the average office lease rates can range from $4.90 to $5.14 per square feet - the prices depend if you are looking for Class A or B office spaces. The popular cities to lease space near Venice are in Santa Monica and Culver City with average lease rates of $5.91 and $4.33 per square feet.