The typical asking rate per listing is in the $20's per square foot per year. The Covina submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 38% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Covina region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 10 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 210% of the office spaces in the Covina are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1981 and are Class B.