On average, listings lease in the $30's per square foot per year. The Commerce submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Commerce region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 7 listings have been made available, which means new availabilities might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,980 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1965 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the folk of Commerce 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.