Most listings are in the $30's per square foot per year. The Monrovia region is going through a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Monrovia submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 25 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 6,150 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Monrovia residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.