On average, listings lease in the $20's per square foot per year. The West Covina Central Business District region is going through a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 35% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the West Covina Central Business District submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,240 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1980 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst West Covina Central Business District occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.