On average, listings lease in the $110's per square foot per year. The Rio Lindo region is experiencing a an increase in rates. In the last 3 months, the median rate went up $111 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Rio Lindo region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means office 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,980 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 21 stories.
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 area. Commute by motorcycle is the most popular way to get to work amongst Rio Lindo 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.