On average, listings lease in the $30's per square foot per year. The Canyon Country submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Canyon Country region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have been made available, which means listings most likley are 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,220 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 2004 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 region. Commute by bike is the most popular way to get to work amongst Canyon Country occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.