Most listings are in the $30's per square foot per year. The Arcadia submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 26% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Arcadia region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,850 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1984 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 area. Commute by public transit is the most popular way to get to work amongst Arcadia occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.