The typical asking rate per listing is in the $20's per square foot per year. The North Main Street District region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 8 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the North Main Street District are subleases, so you might be able to snag a great spot on a short term. 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 1,560 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 2001 and are Class A.
This region is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Main Street District folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.