The typical asking rate per listing is in the $20's per square foot per year. The Baker Ranch submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Baker Ranch region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 6,160 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 2003 and are Class B.
This market is fairly equally mixed residential and commercial. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Baker Ranch folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.