The typical asking rate per listing is in the $20's per square foot per year. The The Canyon submarket is going through a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the The Canyon region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 83 listings have been made available, so you'll want to check back regularly for new listings. About 16% of the office spaces in the The Canyon are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,480 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1985 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst The Canyon occupants. Commuting approximately 30 minutes 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 The Canyon.
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