Most listings are in the $30's per square foot per year. The Verdugo Viejo submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $35 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Verdugo Viejo submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,530 sqft. Most properties in this region are around 2 stories.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Verdugo Viejo 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 Verdugo Viejo.
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