Most listings are in the $40's per square foot per year. The North Business Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 49% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Business Park submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means leases most likley are 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 2,970 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1984 and are Class B.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst North Business Park residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.