The typical asking rate per listing is in the $10's per square foot per year. The Cooley Ranch region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cooley Ranch submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 192 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the available space in the Cooley Ranch 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Cooley Ranch folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cooley Ranch.
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