The typical asking rate per listing is in the $30's per square foot per year. The The Canyon region is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the The Canyon region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 11 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,290 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1985 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst The Canyon folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.