The typical asking rate per listing is in the $40's per square foot per year. The La Cañada Flintridge submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the La Cañada Flintridge region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new listings are probably going fast. 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.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst La Cañada Flintridge residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.