The typical asking rate per listing is in the $10's per square foot per year. The Cooley Ranch region is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cooley Ranch submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 13 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 154% of the available leases in the Cooley Ranch are subleases, so you might be able to find a shorter term or below market rent. 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 1,560 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Cooley Ranch residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.