The typical asking rate per listing is in the $30's per square foot per year. The Inglewood submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Inglewood submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 38 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Inglewood occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.