The typical asking rate per listing is in the $30's per square foot per year. The Cypress submarket is going through a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 59% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cypress submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means office spaces 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 9,330 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Cypress residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.