The typical asking rate per listing is in the $30's per square foot per year. The Simi Valley region is going through a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 40% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Simi Valley submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 149 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Simi Valley are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 14,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Simi Valley.
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