Most listings are in the $30's per square foot per year. The North Business Park region is going through a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 24% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Business Park region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 28 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,610 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1984 and are Class B.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst North Business Park folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.