On average, listings lease in the $20's per square foot per year. The Winchester-Silverhawk region is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Winchester-Silverhawk region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 8 listings have been posted online, which means listings 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,190 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 2006 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Winchester-Silverhawk occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.