On average, listings lease in the $40's per square foot per year. The Tropico region is going through a an increase in rates. In the last 3 months, the median rate rose $48 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Tropico submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,460 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1960 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Tropico folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.