On average, listings lease in the $80's per square foot per year. The Eastern Malibu region is going through a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 12 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available space in the Eastern Malibu are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,820 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Eastern Malibu folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.