Most listings are in the $30's per square foot per year. The Northridge submarket is seeing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 28% decline in rent.
In the last 90 days, 4 listings have been made available, which means new availabilities might be 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.
The standard measurement for office space in this area is around 910 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Northridge folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.