Compared to the rest of the Metropolitan Los Angeles market, the Downtown Ventura region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 18 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the office spaces in the Downtown Ventura are subleases, so you will probably have to consider a longer term 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.
Even though the median size is 4,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1936 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the occupants of Downtown Ventura work from home. Commuting between 30 and 45 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 Downtown Ventura.
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