The typical asking rate per listing is in the $10's per square foot per year. The Westside region is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 19% decline in rent.
In the last 90 days, 31 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 3,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1916 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Westside folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.