On average, listings lease in the $30's per square foot per year. The Chandler Park submarket is going through a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Chandler Park region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means new listings might be 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Chandler Park residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.