The typical asking rate per listing is in the $40's per square foot per year. The Fox Hills submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $48 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Fox Hills submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 13 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Fox Hills 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,160 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Fox Hills occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.