Most listings are in the $20's per square foot per year. The Northwest Pasadena submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Northwest Pasadena region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Northwest Pasadena are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Northwest Pasadena residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.