Most listings are in the $20's per square foot per year. The Valencia region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Valencia submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 38 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the listings in the Valencia are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,390 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 2001 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Valencia occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.