DTLA Retail Space and Property Rental Market
The retail space market in Los Angeles County is one of the largest and most competitive areas to find space. Central Los Angeles, which includes Downtown LA, has a total of 16,648,184 square feet of space with 899,001 square feet available for rent. The vacancy rate is reported to be 5.4%, which means for every 100 buildings there’s 5 available. On average it’s about $2.82 per square feet to rent retail space in Central Los Angeles. However, depending on the location and foot-traffic, pricing can be listing more.