On average, listings lease in the $50's per square foot per year. The Malibu submarket is going through a decrease in rates. In the last 3 months, the median rate fell $34 per sqft per year. That's a 39% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Malibu submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means leases are probably 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1980 and are Class A.