On average, listings lease in the $10's per square foot per year. The Moreno Valley region is seeing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Moreno Valley region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been posted online, which means leases 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 570 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Moreno Valley occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.