On average, listings lease in the $50's per square foot per year. The Fox Hills region is seeing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Fox Hills region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Fox Hills 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,260 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 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 region. Commute by walking is the most popular way to get to work amongst Fox Hills folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.