Most listings are in the $30's per square foot per year. The North Main Street District region is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 120% of the available space in the North Main Street District 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 2001 and are Class A.
This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Main Street District 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.